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Friday, May 05, 2017

Falling Sales Leads To Rising Unemployment.

Statistics Canada said, manufacturing sales fell 0.2% in February, as the motor vehicle assembly, petroleum and coal product manufacturing industries declined. Factory sales were down in ten of the 21 industries representing 37% of the Canadian manufacturing sector. Sales in the motor vehicle assembly industry fell 5.3% while the petroleum and coal products industry dropped 5%. Sales fell in seven provinces, led by Ontario, which fell 1.1%.

So there it is folks, things ain't getting better, are they? 


Steve and John.

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