Canada March manufacturing sales 1.0% vs +1.3% expected

Canadian data from Statistics Canada
– Prior was -0.2% (revised from -0.6%)
– Recorde $53.9 billion
– Sales up in 16 of 21 industriles
– Durables +1.3%
– Nondurables +0.7%
That glut in inventories doesn’t bode well for GDP in the remainder of the year.