Canada's manufacturers and wholesalers look to be steadying after taking a hit this year from trade uncertainty and higher tariffs, with early estimates of sales suggesting a tailwind for a sluggish economy entering the third quarter
The Wall Street Journalยท2025-08-26 21:51
Core Insights - Canada's manufacturers and wholesalers are showing signs of stabilization after facing challenges from trade uncertainty and increased tariffs, with early sales estimates indicating a positive impact on the sluggish economy as it enters the third quarter [1][2] Group 1: Manufacturing and Wholesale Sales - An advance tally indicates a solid 1.8% improvement in manufacturing sales in July compared to the previous month [1] - Wholesale sales are estimated to have risen by 1.3% for the same month, suggesting a recovery in trade-exposed sectors [1]