Calgary Wholesale Trade Rises in September

Calgary’s wholesale industry saw a modest but encouraging 0.6 per cent increase in sales in September, providing a boost to the local economy. This growth, particularly notable when excluding the petroleum and agricultural sectors, highlights the underlying resilience and increasing diversification within Calgary’s market. The uptick offers a promising sign for businesses navigating the current economic climate.

However, this positive trend emerges amidst broader challenges faced by Calgary's business community. A recent report from the Calgary Chamber of Commerce indicates growing pessimism among local business owners, with 24 per cent feeling anxious about the months ahead, the highest level recorded since Q3 2023. Rising operational costs, inflation, and mounting debt expenses are cited as primary concerns for 58 per cent of entrepreneurs. Trade uncertainty, particularly concerning U.S. tariffs, and intensifying supply chain disruptions also continue to weigh heavily on local companies.

Further, the city’s unemployment rate reached 8.1 per cent in September 2025, an increase from June 2025, with youth unemployment nearing 19.6 per cent. While the wholesale sector's growth points to pockets of strength, it underscores the complex economic landscape in Calgary. Local businesses remain adaptable, but continued focus on cost-related pressures and trade stability will be critical to sustaining broader economic confidence.