January 2017 – Manufacturing Sales – Canada Paul Young CPA, CGAMarch 17, 2017

Author / Bio

September 9, 2014

• Paul Young, CPA, CGA

• SME – Financial Performance Management (TM1, Cognos Controller and Cognos Disclosure Management, OpenPages, Algorithmics, Cognos Integrated Server, Cognos Command Center and Datawatch)

• Industry Experience

• 15+ years in Corporate Reporting, Budget & Forecasting, Costing, Business Process Management, Internal Audit and Controls, Risk Management, Financial Analysis, Costing

• 11+ years in financial solutions (FOPM, FPM, Risk, Office of the Finance, Risk Management)

• 8+ years teaching Advance Finance, Advance Accounting, Public Finance and Advance Management Information Systems

• Blogger in areas like Finance Analysis, Government policies, market segment

AGENDA• Employment• Canada Automotive Sales• Steel Production • Oil Rig Count• Housing Starts/Price• Manufacturing Sales by Segment• Manufacturing Sales by Province

Employment

Source – Stats Canada

Automotive Sales / Canada

Source – http://www.tradingeconomics.com/canada/car-registrations

The consulting firm says sales of cars and light trucks totaled 123,032 last month, up 3.2 per cent from the same month last year. The increase came as sales of light trucks last month climbed 5.7 per cent from a year ago to 84,865.But sales of cars fell 2.1 per cent to 38,167. (Cape Breton Post – March 1, 2017

Canada Steel Production (monthly percentage change in volume)

Source – World Steel Institute

Canada Oil Rig (monthly percentage Change

• Source – Baker Hughes

Housing % Change Starts and Average Price

Source – BMO, Scotia Bank and Government of Canada

Manufacturing Sales / Canada

Source – Stats Canada

RBC Economics – Durable vs Non Durable Goods

RBC Economics – March 17, 2017

Comments

Manufacturing sales rose for the third consecutive month, up 0.6% to $53.8 billion in January. The gain stemmed from a 2.3% increase in non-durable goods sales, led by the petroleum and coal, and chemical industries.

Sales were up in 14 of 21 industries, representing 75.4% of the total Canadian manufacturing sector.In constant dollars, sales increased 0.7%, indicating that higher volumes of manufactured goods were sold in January.

Stats Canada – March 17, 2017

Manufacturing Sales / Canada

Source – Stats Canada

Comments

.Sales rose in seven provinces in January, led by Ontario. Ontario manufacturing sales increased 1.0% to $25.9 billion, the third consecutive monthly advance. Higher sales in the petroleum and coal industry (+10.4%) were responsible for half of the provincial increase. Sales were also up in the food (+2.0%), chemical (+2.2%) and fabricated metal industries (+2.6%). A 4.5% gain in the motor vehicleindustry failed to offset the 0.5% decline in the transportation equipment industry.

In Alberta, sales rose 2.7% to $5.7 billion, the third consecutive monthly increase. Gains were recorded in 14 of 21 industries, largely driven by an 8.6% increase in the petroleum and coal products industry and, to lesser extent, from gains in machinery and the chemical industries.

Sales in Quebec fell 1.5% to $12.6 billion, following two consecutive monthly gains. The decline was mostly attributable to lower production in the aerospace product and parts industry. These decreases were partly offset byhigher sales in the petroleum and coal, fabricated metal and chemical industries.

Stats Canada – March 17, 2017

Manufacturing Sales / Canada / Province

Source – Stats Canada