(April 27, 2020) -- Manufacturing sales edged down 0.3% to $49.1
billion in February, following a 1.3 percent decrease the month
Lower sales were recorded for the motor vehicle assembly, food, and
motor vehicle parts industries. These declines were mostly offset by
increases in the aerospace product and parts, non-metallic mineral
products, and petroleum and coal products industries.
Sales decreased in 11 of 21 industries, representing about 64 percent
of Canadian manufacturing.
Motor vehicle assembly sales were down 8.7 percent, the first decline
since June 2011. Similarly, motor vehicle parts sales were down 7.2
percent, the first decrease since August.
Food manufacturers posted the second-largest decline in sales in
dollar terms, down 3.1 percent to $6.9 billion -- largest decrease in
the industry since June 2010.
The vast majority of the sales declines were in Ontario, where
manufacturers reported a 2.7 percent decrease to $22.0 billion.
In contrast, manufacturing sales advanced 2.7 percent to $11.9
billion in Quebec reflecting higher sales in the petroleum and coal
products and machinery industries.
Inventories, meanwhile rose 0.3 percent in February to $65.8 billion,
the 16th gain in 17 months.