• Prior -3.3%. Revised to -3.5%
  • 7.3% vs 6.1% prior y/y
  • Ex- autos +1.6% vs -2.3% prior
  • New orders +4.6% vs -4.4% prior
  • Unfilled orders 1.2%
  • Inventories -0.5% vs -0.65 prior, inventory to sales ratio 1.34 vs 1.37 prior

Sales driven by transport equipment and particularly aerospace.

The good news in sales is tempering the gains seen in USD elsewhere. USD/CAD trades at 1.1365 after a look at 1.1385

Canadian manufacturing sales 14 11 2014

Canadian manufacturing sales 14 11 2014