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Statistics sa¹ú¼Ê´«Ã½ says manufacturing sales up 2.6% at $63.1 billion in November

OTTAWA — Manufacturing sales rose 2.6 per cent to $63.1 billion in November, even as flooding in sa¹ú¼Ê´«Ã½ caused disruptions at more than a quarter of factories across sa¹ú¼Ê´«Ã½, Statistics sa¹ú¼Ê´«Ã½ said Monday.
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OTTAWA — Manufacturing sales rose 2.6 per cent to $63.1 billion in November, even as flooding in sa¹ú¼Ê´«Ã½ caused disruptions at more than a quarter of factories across sa¹ú¼Ê´«Ã½, Statistics sa¹ú¼Ê´«Ã½ said Monday.

The agency said the overall gain in sales was the second consecutive month of growth as sales rose in 18 of the 21 industries it tracks.

"The solid advance in sales during November came despite the impact of flooding in sa¹ú¼Ê´«Ã½," said Andrew Grantham, senior economist at CIBC Capital Markets. 

Flooding in November in British Columbia disrupted supply chains in Western sa¹ú¼Ê´«Ã½ as it closed highways and damaged the rail links from Vancouver.

Statistics sa¹ú¼Ê´«Ã½ said that 28.1 per cent of manufacturing plants were affected across the country in November, mainly through disruptions in transportation and shortages of raw materials.

"Delays in shipments of products or raw materials, increased logistics costs, and limited access to sites were frequently mentioned by respondents," Statistics sa¹ú¼Ê´«Ã½ said.

It estimated the lost sales due to the floods totalled $372.1 million for the month.

Overall, sales of primary metal products rose 5.8 per cent to a record $5.8 billion in November, while sales for the petroleum and coal industry climbed 3.7 per cent to $7.2 billion, also a record.

Sales of the non-metallic mineral products industry also rose 10.4 per cent to $1.5 billion in November, while sales of motor vehicles rose 2.6 per cent to $3.2 billion and motor vehicle part sales climbed 5.1 per cent to $2.4 billion.

Sales in constant dollars rose 1.9 per cent in November, indicating a higher volume of goods sold.

This report by The Canadian Press was first published Jan. 17, 2022.

The Canadian Press