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SEPTEMBER WHOLESALE TRADE FOUR TIMES THE NATIONAL AVERAGE

Released on November 20, 2013

Wholesale trade in Saskatchewan was $1.9 billion in September 2013 according to Statistics Canada, a jump of 10.8 per cent over last year, the second highest percentage increase in Canada and four times the national increase of 2.6 per cent.

“A vibrant wholesale industry helps Saskatchewan maintain its economic momentum,” Economy Minister Bill Boyd said.  “The Global Transportation Hub is a tremendous asset to our wholesale industry as it continues to expand and attract new businesses to our province.”

On a month-over-month basis, wholesale trade was up 4.6 per cent, again the second highest increase in the nation and well ahead of the 0.2 per cent posted for Canada.

“Increased confidence among business and consumers is driving Saskatchewan’s wholesale activity,” Boyd said.  “That bodes well for the province, signalling to the world that our economy is continuing on the path of prosperity.”

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For more information, contact:

Deb Young
Economy
Regina
Phone: 306-787-4765
Email: deb.young@gov.sk.ca

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