Tuesday September 02, 2014

Big wholesale year


Saskatchewan’s wholesalers had a banner year in 2013, hitting $23.8 billion in trade, the highest ever recorded on an annual basis. Seasonally unadjusted, wholesale trade was up by 8.4 per cent in 2013 over 2012, the highest percentage increase among the provinces. Nationally, wholesale trade was up only 1.2 per cent.

“We know Saskatchewan’s economy had a very successful 2013 and wholesale trade helped to contribute to what was a good year,” Economy Minister Bill Boyd said. “As the figures roll in, the good economic news is helpful in attracting new people and investment to the province.”

For the month of December 2013, wholesale trade totalled $1.9 billion (seasonally adjusted) up by 7.1 per cent over last December, the second highest percentage increase among the provinces.

“The increased activity at the Global Transportation Hub and the increased demand for products has created jobs and kept our economy flourishing,” Boyd said. “Wholesale trade is one of the core functions of an economy. Having a solid wholesale trade sector means we can expect more economic success into 2014.”



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