Wholesale trade in Saskatchewan outpaced the entire country in May. The value of wholesale trade in the province was up by 44 percent, year over year. The second highest increase in wholesale trade for the same time period was in Alberta, which was 20.6 percent. In all, the total value of wholesale trade in Saskatchewan was $3.6 billion in May.
The increase from April of this year to May was also the highest amongst the provinces. The increase of 4 percent was higher than the national average of 1.6 percent.
The agriculture sector was one of the key factors in the growth, with the farm products subsector seeing an increase of 19.8 percent from April to May. The machinery, equipment and supplies subsector was up by 19 percent.
"These nation-leading wholesale trade numbers show just how strong the provincial economy continues to be," Trade and Export Development Minister Jeremy Harrison said in a written release. "The world wants what Saskatchewan has and we will continue to work to get our products to market and bring significant investment into our province."
The release about wholesale trade came just days after it was reported Saskatchewan had seen manufacturing sales grow by 2.5 percent in May, compared to April. This was the third highest in the province. Merchandise exports were also up in May, increasing by 22.7 percent.