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Canadian manufacturing takes hit in December

OTTAWA, Ont. -- Statistics Canada reported yesterday that Canadian manufacturing posted a widespread decline i...


OTTAWA, Ont. — Statistics Canada reported yesterday that Canadian manufacturing posted a widespread decline in December, with sales falling in 20 of 21 manufacturing industries.

 

December marked the sharpest decline in Canadian manufacturing in at least 17 years, according to reports.

 

In the motor vehicle industry, sales dropped 14.2% to $3.2 billion with parts manufacturing declining 17.6%.

 

Nine of 10 provinces saw lower manufacturing sales in December, with PEI being the lone exception, according to StatsCan. Nova Scotia and Saskatchewan were hardest hit, with a 14.2% drop. In Ontario, manufacturing sales dropped 9.2% to $20.3 billion.


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