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Canada Factory Sales Climb 3% in March to Highest Level in More Than a Year

  • Canadian manufacturing activity rebounded in March, with factory sales rising 3% to C$73.57 billion, their highest level in over a year.
  • The increase was driven by a 22.7% jump in petroleum and coal product sales due to geopolitical tensions in the Middle East.
  • Sales of transportation equipment rose 6%, and Canadian production of aerospace products and parts hit its highest level on record.

 
 

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