Saskatchewan is seeing some great improvements to its wholesale trading numbers, as Statistics Canada is measuring the number in a different way.
In May 2023, wholesale trade jumped 89.9 per cent compared to May 2022, continuing 32 months of continuous growth for the category.
With a total value of $7 billion in trade for May 2023, the Ministry of Trade and Export Development says that combined with strong GDP growth has put Saskatchewan in a good place.
One reason for the uptick in wholesale trade numbers is a new method of counting by Statistics Canada.
Starting that May, petroleum, petroleum products, and hydrocarbon products are all now included in calculations for wholesale trade.
The Ministry of Trade and Export Development stated that "The addition of these products is a more accurate reflection of wholesale trade in Saskatchewan."
Even with the new method, the Ministry says that May would have still seen an increase, similar to Aprils which saw an increase of 47.9 per cent in April 2023 compared to April 2022.