Canadian wholesale sales up 3.2% in June
One-third of wholesale businesses were affected by trade war in June
- By: Jonathan Got
- August 15, 2025 August 15, 2025
- 10:42
One-third of wholesale businesses were affected by trade war in June
Sales were up 0.3% in June, to $68.5 billion
Tariff-driven front-loading is "tapering off," according to an Oxford Economics report
Sales climbed 6.6% in July, relative to one year ago
This follows two months of spending declines, in April and May
Sanctions flat overall, while financial orders jump 46%
Angel investor, early-stage issuer relief extended to allow regulator to consider reforms
Appeal court found no fiduciary relationship in dispute over clients
Some retirement-age parents in multigenerational households continue to work
Wholesale prices surged 0.9% in July, the biggest jump in over three years.
The firm also reported a record $378.8 million in net interest income
Industry says trade barriers have not severely hurt operations
Meanwhile, the U.S. stock market held relatively steady near its records
Paper calls for guardrails against negative side effects of digital innovation
Asset performance to weaken as growth slows and inflation, rates face pressure
Shell companies, crypto exchange processed US$470 million in drug money
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Project designed to avoid creating needless burden with new regime
The Fed left its benchmark interest rate unchanged for 3rd straight meeting on Wednesday
U.S. subsidiary of CI Financial seeks to plug "gap" in Canadian ultra-high-net-worth market
Meanwhile, Canadian direct investment abroad rose 2.8% to $2.4 trillion
Powell has signalled he could stay on Fed board after term as chair ends May 15
Seasoned ETF exec will help asset manager build "an entire footprint" in the country
Plus, another BMO alum joins software firm, new faces at Manulife and Optimize Wealth, and more
Plus, a new gold bullion mutual fund and a slew of product lineup changes
Clarity for clients makes it easier to shop across carriers
At the same time, both fund types recorded positive net sales