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Statistics Canada says wholesale sales rose in November, manufacturing sales down

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OTTAWA — Canadian wholesale sales grew for the seventh consecutive month in November to hit a record high, while manufacturing sales fell for the month.

Manufacturing sales dropped 0.6 per cent to $53.7 billion in November, Statistics Canada reported Tuesday.

CIBC senior economist Royce Mendes said factory sales took a breather in November, but he added that the decline seemed to have been narrowly driven by a few categories, noting that only five of 21 industries saw lower sales for the month.

“Declines were most prevalent in the auto and aerospace sectors,” Mendes wrote in a brief report.

“Lower prices for lumber and wood products also pulled down sales of wood products, which have been benefiting recently from strong demand for building.”

The data provided a snapshot of the economy for November, however the increased restrictions to slow the spread of the pandemic in some provinces since then are expected to have taken a deeper toll on the economy.

“Since November, restrictions have increased in provinces with the largest manufacturing centers, pointing to further subdued performances going forward,” TD Bank economist Omar Abdelrahman wrote.

“Although manufacturing was deemed essential by all provinces, the sector will face headwinds from the drop in domestic demand seen elsewhere in the economy.”

The transportation equipment industry fell 9.1 per cent to $8.9 billion in November, while aerospace production fell 23.8 per cent to $1.2 billion and motor vehicle sales slipped 5.7 per cent to $4.3 billion.

Wood product manufacturing sales fell 4.1 per cent to $3.3 billion in November on lower sales in the sawmills and wood preservation industry.

Overall manufacturing sales in constant dollars fell 0.6 per cent.

Meanwhile, Statistics Canada said Tuesday wholesale sales rose 0.7 per cent to an all-time high of $67.4 billion as five of seven subsectors reported stronger sales.

The gains were led by the machinery, equipment and supplies subsector and the building material and supplies subsector. 

The machinery, equipment and supplies group rose 2.8 per cent to $14.3 billion, while building material and supplies rose 1.1 per cent to $10.2 billion.

Wholesale trade in volume terms rose 0.9 per cent in November.

The data for November came ahead of the Bank of Canada’s interest rate decision and monetary policy report on Wednesday. 

The central bank is widely expected to keep its key interest on hold at 0.25 per cent.

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When Ontario declared a COVID-19 health emergency last spring, the first instinct of Ottawa entrepreneur Peter O’Blenis was to preserve cash.

“We basically stopped our discretionary spending,” said O’Blenis, the co-founder and CEO of Evidence Partners, which makes software for accelerating the review of scientific and medical literature, using artificial intelligence. “We cut investments in things meant to help us grow.”

It was a defensive posture born of experience. O’Blenis had 12 years earlier nearly been crushed by the global financial crisis. Another looked to be on the way.

In 2008, O’Blenis and his colleagues, Jonathan Barker and Ian Stefanison, hit a brick wall with their first venture, TrialStat, which helped hospitals manage patients’ electronic data. While TrialStat had secured $5.5 million in venture financing just a couple of years earlier, the founders had burned through most of it during a rapid expansion. When the financial world collapsed, so did their firm.

The trio played things far more conservatively with Evidence Partners, which has relied almost exclusively on customer revenues to finance expansion.

The caution proved unnecessary. Like so many other businesses, O’Blenis underestimated the government’s willingness to keep the economy afloat with easy money. Nor did he anticipate that COVID-19 would prove a significant catalyst for the firm’s revenues so soon.

Evidence Partners is hardly the only local firm with technology particularly suited for the war against COVID-19. Spartan Bioscience and DNA Genotek adapted existing products to create technology for identifying the SARS-CoV-2 virus that causes COVID-19. Ottawa-based units of Abbott Laboratories and Siemens Healthineers make portable blood analyzers that diagnose patients afflicted by the virus.

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Shepherds of Good Hope wants to expand ByWard Market operation with eight-storey housing complex

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The Shepherds of Good Hope plans to build an eight-storey building near its current shelter for the homeless in the ByWard Market that would include supportive housing for up to 48 people, a soup kitchen and a drop-in centre.

The organization says it wants to be part of the solution to the housing crisis that has fuelled a rise in homelessness in Ottawa.

People would be moved out of the emergency shelters and into their own tiny apartments in the complex, which would include a communal dining hall and staff available to help with mental health, addiction and medical problems, said Caroline Cox, senior manager of communications for the Shepherds.

Some residents in the neighbourhood are opposed, saying services for the homeless and vulnerable should not be concentrated in one area of the city.

“I was flabbergasted,” said homeowner Brian Nolan, who lives one block from the development proposed for 216 Murray St., where currently a one-story building houses offices for the Shepherds of Good Hope.

Nolan said that, in the 15 years he’s lived in the area, it has become increasingly unsafe, with home and car thefts, drug dealing, loitering, aggressive and erratic behaviour, urinating, defecating and vomiting on sidewalks and yards and sexual acts conducted in public on his dead-end street. Before he lets his son play basketball in the yard, he checks the ground for needles and his home security camera to see who is nearby.

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Carleton University Hosts the Forum Lecture: Towards a Feminist Post-COVID City

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evehe Carleton University Forum Lecture: Towards a Feminist Post-COVID City given by Leslie Kern launches Ottawa Architecture Week. Urban geographer, author and academic, Kern will discuss how the pandemic has highlighted long-standing inequalities in the design, use and inclusivity of urban spaces. The talk will share some of the core principles behind a feminist urban vision to inform a wider vision of justice, equity and sustainability.

When
: Tuesday, Feb. 23, 2021 at 6:30 p.m.
Registration: https://alumni.carleton.ca/event-registration-architecture-forum-series-with-leslie-kern-2/.

About the Speaker

Kern holds a PhD in Women’s Studies from York University. She is currently an associate professor of Geography and Environment and director of Women’s and Gender Studies at Mount Allison University.

Kern is the author of two books on gender and cities, including Feminist City: Claiming Space in a Man-Made World (Verso). The book discusses how our cities have failed in terms of fear, motherhood, friendship, activism, the joy and perils of being alone, and also imagines what they could become.

Kern argues, “The pandemic has shown us that society can be radically reorganized if necessary. Let’s carry that lesson into creating the non-sexist city.”

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