Positive Information from GE Capital Commercial Distribution Finance Canada – End-of Season Report
A recently released report from GE Capital Commercial Distribution Finance Canada (CDF) shares some positive information about product movement and inventory levels across Canada.
Following a broad decline in 2009, the industry rebounded in 2010 due to restocking, returning to normal levels then rising 7% in 2011 for a slight year over year increase. The report also shows a major year-over-year increase in Ontario of 35%. Overall, we see a 4% year-over-year drop in inventory aged over one year; a very positive piece of data.
For a copy of GE Capital CDF’s 2011 end-of-year report click here