Timber sales jump

The COVID-19 pandemic is not slowing the wood products manufacturing industry, whose sales jumped to an all-time high of $ 3.3 billion in September.

Statistics Canada reported Monday that sales in this sector climbed 9.6% in September from the previous month, “on the back of higher sales at sawmills and manufacturers of wood preservatives.” .

This sector is by far the one whose turnover has grown the most strongly for a year.

“Sales recorded in September increased by almost a third (+ 32.1%) compared to February and are up 39.6% compared to a year earlier. Higher prices for lumber and other wood products (+ 6.3%) and higher sales volumes (+ 4.0%) contributed to the increase observed in September, ”said the organization. federal.

Overall, domestic manufacturer sales rose 1.5% in September from August to $ 53.8 billion. This is a recovery since they fell 1.4% in August compared to the previous month.

In Quebec, the increase was small in September, at 0.6%, as in Ontario. However, Montreal ranked first among large metropolitan areas with an 8.7% growth, ahead of Toronto at 8.2%. These gains are mainly attributable to higher sales of transportation equipment and food.

For the country as a whole, sales increased in 13 of 21 industries in the country’s manufacturing sector in September. In addition to wood products, chemical and food manufacturing also experienced strong monthly growth.

However, Statistics Canada notes that sales recorded in September for all manufacturers were 3.6% lower than the amount recorded in February before the pandemic.


Check Also

Foodtastic grabs Rôtisseries Fusée

Foodtastic continues to shop in the restaurant industry. The Quebec company is grappling with Rocket …

Leave a Reply

Your email address will not be published. Required fields are marked *