Canada September wholesale sales rise 0.7% month-on-month, beating 0.5% forecast

The rebound matters less for its size than for what it says about the durability of the August pullback: a single-month drop followed by a beat suggests the earlier decline was a blip rather than the start of a wholesale destocking trend. The read-through lands on the broader demand picture that RWA and tokenized-asset markets increasingly lean on when framing macro context, since wholesale volumes are an upstream signal for goods activity. Whether the September gain holds into the next print, or reverses like August did, is the open question.