Commercial ice sales are up 10%, and commercial minibus traffic is up a whopping 45% over the past week, according to the Canadian Tire commercial ice sales company.
The company also reported a big jump in the number of commercial macaronis sold this week, with sales of 3.4 million.
Commercial minibus and commercial auto sales are on a steep rise, up 20% and 16% respectively, with the latter up 42%.
It also reported another big jump for commercial ice: 1.22 million, to 4.5 million units, an increase of over 5,000 units since the beginning of this month.
The commercial auto market has been growing, with 1.4-million sold in March, up 15% over a month ago.
But commercial truck traffic is down.
Commercial ice is up 19% year-over-year.
“This week’s sales report marks a dramatic increase from the same period last year,” said Rob Krosnick, chief executive officer of the Canadian Food Institute.
“This is a very good result for the industry.”
Commercial ice sales reached a new peak of 2.9 million in May, but the industry is on a downward trend, according, according the report.
The market has seen sales decline in recent months due to warmer weather, and higher food costs, according Canadian Tire.
Commercial auto sales have been declining in recent years, with average sales falling by more than 20% from 2013 to 2016.
That decline has led to higher prices for car owners and increased competition from private-hire vehicles.
Commercial truck traffic also has been on a decline, with car sales falling 14% from 2017 to 2020.
The trucking industry is expected to be hit hard by the upcoming provincial budget, which includes significant increases in fuel taxes and vehicle registration fees.
Krosnick said the recent increases in vehicle registration costs and higher fuel taxes were partly to blame for the decline in commercial trucking.
He said that the increase in trucking companies could also be a result of lower demand in certain regions, such as urban areas in Canada’s North.
He added that the industry will likely see some new business this year.
The Commercial Ice Market Report is based on data from the Canadian Retail Federation.