Just Earth News | @justearthnews | 15 Apr 2021, 10:26 pm Print
Canada Pixabay
Toronto/Sputnik: Canada’s manufacturing sector saw its largest decline since the August 2020 in February, the state statistics agency said in its monthly manufacturing report.
"Following the largest increase observed in seven months in January (+3.4%), manufacturing sales fell 1.6% to $55.4 billion in February on lower sales of transportation equipment," Statistics Canada said in its report on Thursday.
The decline was in large part due to a continuing semiconductor shortage, the agency said.
The semiconductor shortage has also plagued the US auto industry, with US President Joe Biden’s National Security Adviser Jake Sullivan personally taking the lead on the issue.
The decline was partially offset by gains in the petroleum and coal product, chemical, and wood product industries.
- Google job paying Rs 3.3 Crore was his dream—Then he quit to build a startup
- GTA 6 hit by major security breach? Full Leonida map and gameplay leak online
- World’s largest battery-electric aircraft takes flight — And it cost just $5 in electricity
- Samsung teams up with Call of Duty: Modern Warfare 4 in major gaming partnership. All details here
- Nearly 40,000 SafePal customers hit by data breach—Here’s what hackers got
-1786284396.jpg "Image of the day: August 9, 2026")
-1785937004.jpg "Image of the day: August 5, 2026")