Wholesale trade climbs 1.4 per cent to $64.1B in March, beats expectations

OTTAWA - Statistics Canada says wholesale sales rose 1.4 per cent to $64.1 billion in March. Economists had expected an increase of 0.9 per cent, according to Thomson Reuters Eikon. The growth came as sales gained in six of the seven subsectors, accounting for 82 per cent of total wholesale sales. The building material and supplies subsector climbed 4.5 per cent to $9.0 billion in March, while the machinery, equipment and supplies subsector rose 2.9 per cent to $13.5 billion. The motor vehicle a