Canada Factory Sales Climb 3.6% in February

By Robb M. Stewart

OTTAWA--Canadian manufacturing activity rebounded in February after auto plants came back on line following extended winter shutdowns.

Factory shipments rose a solid 3.6% from the month before to a seasonally adjusted 71.19 billion Canadian dollars, the equivalent of about $51.7 billion, Statistics Canada said Wednesday.

The result was slightly softer than the data agency's advance estimate for monthly rise of 3.8%, and followed a 3.1% drop in sales in the first month of the year.

Compared with a year earlier, sales in February were down 1.7%.

Sales in volume terms were up 3.4% for the month to C$52.84 billion, but 2.7% below the same month last year.

Write to Robb M. Stewart at [e-mail]

(END) Dow Jones Newswires

04-15-26 0913ET