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Energy, Vehicles Lead 7th Straight Gain in Canada Factory Sales

Canadian manufacturers saw receipts climb for a seventh straight month on gains in petroleum and coal products, as well as motor vehicles and primary metals.

Canadian manufacturers saw receipts climb for a seventh straight month on gains in petroleum and coal products, as well as motor vehicles and primary metals.

Photographer: James MacDonald/Bloomberg

Canadian manufacturers saw receipts climb for a seventh straight month on gains in petroleum and coal products, as well as motor vehicles and primary metals.

Factory sales rose 1.7% in April, Statistics Canada reported on Tuesday from Ottawa, matching expectations in a Bloomberg survey of economists. That’s after an upwardly revised 3.5% gain for March. In volume terms, which strip away price increases, sales climbed 0.9%.