Manufacturing sales in April see biggest monthly drop since 2023 amid U.S. tariffs

Trump tariffs trigger sharpest drop in Canadian manufacturing sales since 2023

Statistics Canada’s April survey shows about half of Canadian manufacturers reported tariff-related impacts, including increased costs for raw materials, shipping or labour, and fluctuations in product demand.

Manufacturing Sales in April See Biggest Monthly Drop Since 2023 Amid US Tariffs

Statistics Canada says manufacturing sales fell 2.8 percent in April, the largest monthly drop since October 2023, as the tariff dispute with the United States hit the industry. StatCan says manufacturing sales stand at their lowest level since January 2022 after a third straight monthly drop. Drops in sales of petroleum and coal products (down 10.9 percent), motor vehicles (down 8.3 percent) and primary metals (down 4.4 percent) drove the decli…

Manufacturing sales in April see biggest monthly drop since 2023 as U.S. tariffs hit industry

Sales stand at their lowest level since January, 2022, after a second straight monthly drop, Statistics Canada says

Manufacturing sales in April see biggest monthly drop since 2023 amid U.S. tariffs

Statistics Canada says manufacturing sales fell 2.8% in April, the largest monthly drop since October 2023, as the tariff dispute with the U.S. hit the industry.

Midsize companies see opportunities amid tariff chaos

The impact of President Trump's tariffs is the top concern for most middle-market American businesses, according to a new KeyBank survey. But these firms also view the scrambled landscape as a chance to innovate and restructure.