Economy June 15, 2026 09:16 AM

Canadian Wholesale Sales Rise Led by Building Materials and Metals

April 2026 sales climb as metal service centres and mineral groups boost building-materials segment; machinery subsector softens overall growth

By Marcus Reed
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Wholesale sales in Canada, excluding petroleum products and oilseed, increased 0.6% to $89.3 billion in April 2026. Year-over-year sales were up 6.3%. Gains were concentrated in the building material and supplies subsector, driven by strong metal product and mineral sales, while machinery, equipment and supplies eased back. Inventories rose modestly and the national inventory-to-sales ratio ticked up to 1.57.

Canadian Wholesale Sales Rise Led by Building Materials and Metals
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Key Points

  • Wholesale sales excluding petroleum products and oilseed increased 0.6% to $89.3 billion in April 2026, and were 6.3% higher than a year earlier.
  • The building material and supplies subsector led monthly gains, up 4.3% to $12.7 billion, driven by a 14.1% rise in metal service centres and a 15.7% jump in mineral, ore and precious metal sales.
  • The machinery, equipment and supplies subsector decreased 1.2% to $19.3 billion, and five provinces posted higher sales while Alberta and Saskatchewan saw declines.

Statistics Canada reported that Canadian wholesale sales excluding petroleum products and oilseed rose 0.6% in April 2026, reaching $89.3 billion. On an annual basis, wholesale activity was 6.3% higher than in April of last year.

The increase was not broad-based across all wholesalers but came from gains in five of seven subsectors, which together account for roughly 60% of total wholesale sales. The most notable advance occurred in the building material and supplies subsector, which climbed 4.3% in April to $12.7 billion. That marked the fourth month in a row of increases for the subsector.

Within the building materials category, the metal service centres industry group was a principal contributor, with sales rising 14.1% to $2.3 billion on stronger transactions in steel products. The mineral, ore and precious metal industry group also posted a substantial increase, advancing 15.7% to $1.0 billion; the report singled out sales of gold, zinc and bauxite as the main contributors to that gain.

Not all subsectors expanded. The machinery, equipment and supplies subsector contracted by 1.2% to $19.3 billion in April, which moderated the overall advance in wholesale sales. Within that subsector, the computer and communications equipment and supplies industry group declined 4.1% to $5.8 billion. Despite the month-on-month dip, April 2026 still represented the second-highest monthly level on record for sales of machinery, equipment and supplies.

Provincial trends were mixed. Ontario recorded the largest absolute level of sales and posted an increase of 0.7%, bringing provincial sales to $46.5 billion. British Columbia posted the second-largest gain with a 2.5% rise to $8.4 billion. Conversely, Alberta saw sales fall 0.9% to $9.5 billion; that decline reflected a 4.3% drop in machinery, equipment and supplies sales in the province. Saskatchewan also recorded a downturn, with wholesale sales decreasing 2.1% to $4.0 billion.

Wholesale inventories increased 1.1% in April, rising to $139.9 billion. The motor vehicle and motor vehicle parts and accessories subsector accounted for a notable portion of the inventory increase, climbing 4.4% to $18.8 billion. The national inventory-to-sales ratio edged upward from 1.56 in the prior month to 1.57 in April.


Data highlights

  • Total wholesale sales (ex. petroleum and oilseed): $89.3 billion in April 2026, +0.6% month-over-month.
  • Year-over-year change: +6.3% compared with April 2025.
  • Building material and supplies: $12.7 billion, +4.3% (fourth consecutive monthly increase).
  • Metal service centres: $2.3 billion, +14.1%.
  • Mineral, ore and precious metal group: $1.0 billion, +15.7%.
  • Machinery, equipment and supplies: $19.3 billion, -1.2%; computer and communications equipment: $5.8 billion, -4.1%.
  • Inventories: $139.9 billion, +1.1%; motor vehicle parts inventory: $18.8 billion, +4.4%.
  • Inventory-to-sales ratio: 1.57, up from 1.56.

Risks

  • A contraction in machinery, equipment and supplies sales - down 1.2% - could temper future wholesale growth, affecting sectors reliant on capital equipment such as industrial and technology suppliers.
  • Declines in provincial sales in Alberta (-0.9%) and Saskatchewan (-2.1%) introduce regional variability that could influence logistics and distribution planning in those markets.
  • A modest rise in the inventory-to-sales ratio from 1.56 to 1.57 suggests a slight buildup of stocks, which could affect inventory management and working capital needs for wholesalers and related supply chains.

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