Saskatchewan Wholesale Trade Growth Leads Nation

Jan 22, 2021

Saskatchewan’s wholesale trade was up 21.5 per cent (seasonally adjusted) in November 2020 when compared to November 2019, the highest percentage increase among the provinces. The value of Saskatchewan’s wholesale trade in November 2020 was $2.46 billion.

“A 21.5 per cent increase over the past year in wholesale trade is a remarkable statistic given the global Covid-19 pandemic,” Trade and Export Development Minister Jeremy Harrison said. “Wholesale trade is an important leading indicator and shows that our province is very well positioned for a strong economic recovery.”

In today’s Statistics Canada report, wholesale trade in Saskatchewan was up 2.6 per cent on a month-over-month basis, the second highest percentage change among provinces. Nationally, trade was up 0.7 per cent month-over-month and 7.7 per cent year-over-year.

Growth in wholesale trade was reported in several sectors, including food and beverage merchant wholesalers; machinery, equipment and supplies merchant wholesalers; and, motor vehicle and motor vehicle parts and accessories merchant wholesalers.

Click here to see more...

Video: New Solution Powers Efficient Pork Growth

Alltech has introduced Olerix, an innovative phytogenic blend created to promote growth and feed efficiency in pigs. Through a proprietary coating process, the bioactive blend of phytogenic compounds used in Olerix is designed to outlast the manufacturing process, ensuring consistent outcomes from feed to finish. The result is a high-impact efficiency solution that provides consistent support for gut health, feed efficiency, immune function and growth performance. Olerix is backed by validated trials conducted under modern pork production conditions.

“As the industry searches for technology to drive profitability forward in a more sustainable manner, we’re thrilled to join that effort with our Olerix technology,” said Mark Hulsebus, general manager for U.S. pork at Alltech. “Our work in this phytogenic space is yielding very encouraging results, and we’re excited to make this new opportunity available to pork producers focused on optimizing feed efficiency and growth rates.”

“Olerix represents the next generation of phytogenic technology — combining feed efficiency, livability and immune support into a practical commercial solution producers can implement today,” said Andy Rash, U.S. monogastric director at Alltech.