Note: This was a bilingual chat session, which means that the participants were able to submit their questions in English or French. Statistics Canada respects the Official Languages Act and is committed to ensuring that information products of equal quality are available in both English and French. For that reason, all the questions and answers have been translated in the other official language.
Elspeth Hazell at 12:38:27
Unfortunately, we can't disclose information on any particular company, as the Statistics Act protects the confidentiality of information collected by Statistics Canada. Statistics Canada is prohibited by law from releasing any information it collects which could identify any person, business, or organization, unless consent has been given by the respondent or as permitted by the Statistics Act. However, the NAICS manual, which defines wholesale trade for our purposes, may help shed some light on your question.
"Wholesalers sell merchandise to other businesses and normally operate from a warehouse or office. These warehouses and offices are characterized by having little or no display of merchandise. In addition, neither the design nor the location of the premises is intended to solicit walk-in traffic. Wholesalers do not normally use advertising directed to the general public. Customers are generally reached initially via telephone, in-person marketing, or by specialized advertising that may include Internet and other electronic means. Follow-up are either vendor-initiated or client initiated, generally based on previous sales, and typically exhibit strong ties between sellers and buyers."
Steve Chadder at 12:46:39
Unfortunately we can't disclose information on any particular company, as the Statistics Act protects the confidentiality of information collected by Statistics Canada.
Elspeth Hazell at 12:47:32
The Monthly Wholesale Trade Survey collects data from respondents for a given reference month. That is to say, a respondent would provide data for sales they registered, from September 1 to September 30, if the reference month is September. The data are gathered and processed, and then published. These MWTS results are then used as a direct input into that month's GDP calculation (in my example, September). Does that answer your question?
Steve Chadder at 12:51:51
Hello. Unfortunately, our survey does not compare salary levels between the retail and wholesale industries. Thanks
Pierre Desjardins at 12:54:16
On the annual wholesale trade survey, we do collect information at the location level and according to the NAICS classification system. Depending on the structure of the company, part of the company could be classified as wholesale.
Marco Morin at 12:54:19
Yes, it is true. IBSP stands for Integrated Business Statistics Program.
The program aims to optimize the processes involved in the production of the statistical output for both annual and sub-annual business surveys.
Then it helps with the analysis of wholesale, but also manufacturing, retail, services and other industries.
Have a nice weekend.
Elspeth Hazell at 12:56:46
There is indeed a link between wholesalers (in particular, those in the building material and supplies subsector), and the construction industry. Wholesalers are often suppliers of tools, materials and equipment used in the construction of residential and non-residential structures. They also supply similar goods to retailers, which may be purchased by homeowners. Wholesalers in this subsector also often export goods to other nations for their construction projects. Therefore, there is a substantial link, but it is sometimes hard to trace on a month-to-month basis because there are so many direct factors influencing sales in this subsector.
Elspeth Hazell at 12:59:16
As indicated earlier, unfortunately, I can't answer any questions relating to an individual company, as that information is protected by the Statistics Act.
Marco Morin at 12:59:29
The annual and the monthly wholesale surveys were designed for different purposes. The annual survey provides detailed figures on the structure of the sector, while the monthly survey provides the trends in the sector for a given month. For this reason, there is no plan, in the foreseeable future, to expand the number of variables covered by the monthly wholesale survey. Have a nice weekend.
Steve Chadder at 13:00:57
We measure the output of wholesale trade (on the Annual Wholesale Trade Survey) by calculating the gross margin. The gross margin is the operating revenue minus the cost of goods sold. Thanks
Elspeth Hazell at 13:03:56
In almost all cases, the sales are reported in the month in which they are registered. In your example, that would be when the wholesaler bills the retailer or receives payment for that shipment (August). Delays such as those in your example can make wholesale sales quite "lumpy." By that I mean that there may be peaks and valleys in sales on a month-to-month basis even though a company is not experiencing large changes in its business.
Marco Morin at 13:05:19
You are asking a very interesting question. However, the link among these sectors for Ontario has not been analyzed yet. Have a nice weekend.
Pierre Desjardins at 13:05:36
You can obtain information on the Wholesale Services Price Index from The Daily. Please also visit the links below to get more information on this.
Wholesale Services Price Index
Wholesale Services Price Index survey information on data sources and methodology
Pierre Desjardins at 13:09:44
We do not collect data on barriers to entries.
Elspeth Hazell at 13:11:22
That is an excellent question. Accumulated inventories in the wholesale industry can mean one of two things. First, it could be that wholesalers are stockpiling because they anticipate larger demand in the future, and want to be ready to meet their clients' needs. Second, it could be that wholesalers are unable to sell at the pace that they anticipated, so they have excess stock on hand. It is really hard to say, in general, why inventories in this sector increase at the pace they do because every industry is really different, and is affected by many different economic factors.
Marco Morin at 13:15:49
There is no data available for wholesalers only. However, there are data available on imports and exports. Please refer to the following link as a start. Have a nice weekend.
Steve Chadder at 13:16:55
This is a good question, but it is beyond the scope of this chat discussion. Wholesale trade is only one component used in determining GDP.
The following link will provide you with more information concerning GDP.
Marco Morin at 13:18:31
It is not part of Statistics Canada's mandate to forecast or make projections. Other departments, such as Industry Canada, may help you with this.
Have a nice weekend.
Marco Morin at 13:22:36
Yes, they are for the data from the Monthly Wholesale Trade Survey (MWTS), as you can see in our releases. Have a nice weekend.
Elspeth Hazell at 13:23:30
That is a difficult question to answer. Retail sales, manufacturing sales, imports and exports are all useful indicators related to wholesale trade, but the extent to which they influence or are influenced by wholesalers is different and not always clear. In its monthly release, the Monthly Wholesale Trade Survey tries to identify and highlight related indicators when they are linked to monthly movements in a given industry or subsector, so that could be one useful source of information. The Supply and use tables published by the System of National Accounts are also useful for understanding the structure of the Canadian economy, so those tables may shed some light on relationships between wholesalers and the rest of the economy.
Steve Chadder at 13:26:52
Statistics Canada uses the North American Industry Classification System (NAICS 2012) to determine whether a firm is a manufacturer or wholesaler.
Marco Morin at 13:26:53
Thank you for your question. The data on this comes from the Survey of Employment, Payroll and Hours (SEPH). Please find the data at the following hyperlink.
Have a nice weekend.
Pierre Desjardins at 13:28:10
We do not publish information on products and we do not do any comparison with the U.S.
Elspeth Hazell at 13:30:57
There's no clear answer. I don't know how much construction firms purchase from wholesalers vs. from manufacturers or other businesses, nor do I know what portion of building material supplies in Canada are sold by retailers. I do not think that the wholesale sector could be used to directly estimate renovation, even though wholesales sales are closely related to construction and renovation. There are too many different economic factors affecting wholesale sales.
Pierre Desjardins at 13:34:36
Excellent question, but we have not done any study on this topic yet.
Marco Morin at 13:37:05
Statistics Canada is aware of the longstanding issue of factoryless goods producers (FGP). Discussions and analysis are ongoing with respect to your question.
Please note, however, that this issue is more relevant in the United States. Have a nice weekend.
Elspeth Hazell at 13:39:13
This all goes back to the timing of when sales are registered. Often, import and export activity and wholesale sales happen in the same month, but that is not always the case. A wholesaler may export a good and receive payment or bill the client for the good in the following month. Or, a wholesaler may import the good it intends to wholesale, but not sell that good (and register the sales) for several months, especially in the case of durable goods.
Steve Chadder at 13:41:11
Please keep in mind that wholesalers not only sell to retailers but also to other businesses and institutions.
Marco Morin at 13:41:43
The purpose of the survey is to calculate the inventories at the national level. However, we are always looking at ways to improve the coverage and the pertinence of our surveys. We appreciate your suggestion.
Have a nice weekend.
Elspeth Hazell at 13:42:21
The primary difference is that the Monthly Wholesale Trade Survey excludes three industries that are included in the measure published in the National Economic Accounts. These exclusions are oilseed and grain merchant wholesalers (NAICS 41112), petroleum and petroleum products merchant wholesalers (NAICS 412) and business-to-business electronic markets, and agents and brokers (NAICS 419).
Elspeth Hazell at 13:47:45
No, there will also be some discrepancies because they are two separate survey programs, and the two programs collect different variables (the monthly survey collects only sales and inventories, while the annual survey collects data on a wide range of financial variables). In addition, the monthly survey excludes three industries covered by the annual survey (oilseed and grain merchant wholesalers (NAICS 41112), petroleum and petroleum products merchant wholesalers (NAICS 412) and business-to-business electronic markets, and agents and brokers (NAICS 419)). There are also some methodological differences that will contribute to the discrepancies.