Canadian Wholesale Sales Hit Record High in June
Wholesale sales reached an all-time high in volume terms, rising 1.9% in June as machinery and agricultural supplies drove growth across all provinces.
- Wholesale sales volume hit a record high in June 2026, up 1.9% month-over-month.
- Total wholesale sales reached $92.5 billion, a 2.8% increase from May.
- Machinery and equipment sales rose 4.8%, driven by a 25.9% jump in farm machinery.
- All provinces reported higher sales, with Ontario up 1.7% and Quebec up 3.8%.
Canadian wholesale sales (excluding petroleum, hydrocarbons, oilseeds, and grain) surged to a record high in June 2026. Volume rose 1.9%, marking the fourth consecutive monthly increase and lifting total value to $92.5 billion, up 2.8% from May.
The machinery, equipment, and supplies subsector led the charge, jumping 4.8% to $20.1 billion. This rebound followed two months of decline, driven primarily by a massive 25.9% spike in farm, lawn, and garden machinery sales, which reached $3.1 billion.
Growth was broad-based. All seven subsectors reported higher sales. The miscellaneous subsector saw its fourth straight monthly rise, climbing 4.7% to $12.5 billion on strength from agricultural supplies (+8.3%) and recyclable materials (+9.3%). Food, beverage, and tobacco sales also climbed 2.8% to $16.4 billion, reflecting higher volumes.
Annually, June sales were 9.0% higher than the same month in 2025. For the second quarter of 2026, wholesale sales increased 4.2% to $272.8 billion, with motor vehicle parts and accessories posting the largest quarterly gain at +6.5%.
Regionally, every province reported higher sales. Ontario recorded its fifth consecutive monthly increase, rising 1.7% to $47.9 billion. Quebec posted the second-largest jump, up 3.8% to $16.3 billion, fueled by a 12.6% surge in machinery and equipment sales.
Inventories also expanded, rising 1.2% to $140.4 billion. The inventory-to-sales ratio tightened slightly from 1.54 in May to 1.52 in June, indicating the time required to exhaust current stock at prevailing sales levels.
Corrections: [email protected]