The Economics and Statistics Division maintains archives of previous publications for accountability purposes, but makes no updates to keep these documents current with the latest data revisions from Statistics Canada. As a result, information in older documents may not be accurate. Please exercise caution when referring to older documents. For the latest information and historical data, please contact the individual listed to the right.
<--- Return to Archive
For additional information relating to this article, please contact:
September 15, 2025WHOLESALE TRADE, JULY 2025 The wholesale trade data reported below now excludes petroleum, petroleum products, and other hydrocarbons as well as oilseed and grain.
Monthly (seasonally adjusted, July 2025 vs June 2025)
Nova Scotia wholesale trade increased 1.0% to $1.302 billion. National wholesale trade increased 1.2% to $86.0 billion, with seven of the ten provinces reporting increases. Newfoundland and Labrador reported the largest increase, while Saskatchewan had the steepest decline.
Year-over-year (seasonally adjusted, July 2025 vs July 2024)
Nova Scotia wholesale trade grew 10.7% in July when compared with the same month last year. Canada's wholesale trade grew 4.3%, year-over-year. All provinces reported year-over-year increases in wholesale trade. New Brunswick reported the fastest year-over-year rise (followed by Nova Scotia), while Manitoba had the slowest increase.
Year-to-date (January-July 2025 vs January-July 2024)
Nova Scotia wholesale trade increased 5.9% in the first seven months of 2025 compared to the same period of 2024. Canada's wholesale trade increased 3.1%. All provinces reported year-to-date increases in wholesale trade. Newfoundland and Labrador and New Brunswick reported the fastest gains, while Manitoba had the slowest.
Food and beverage wholesale represents the largest share of Nova Scotia's reported wholesale trade categories, followed by building materials, motor vehicles and parts, and machinery and equipment.
Motor vehicles and parts saw the largest increase in wholesale trade, while miscellaneous wholesalers were down year-to-date.
Trends
National wholesale trade (excluding petroleum products and oilseed and grains) was relatively stable from 2023 to mid-2024 and had been trending upward. Nova Scotia wholesale trade follows a similar upward trend as national wholesale trade, with more volatility from month to month, and has outpaced the national trend since early 2024.
Wholesale inventories as a share of sales have falen in recent months, declining to a value of 1.54 in July 2025.
Source: Statistics Canada. Table 20-10-0074-01 Wholesale trade, sales (x 1,000); Table 20-10-0076-01 Wholesale trade, inventories (x 1,000)
<--- Return to Archive
