The Canadian Recreational Vehicle Association (CRVA) reports that RV Wholesale Shipments into Canada for Q1, ending March 31, totaled 17,964 units compared to 13,852 units in 2021, an increase of 29.69%.
According to Statistical Surveys, RVDA of Canada reported that retail activity during the Q1 totaled 5,817 units. When compared to the wholesale shipment figure of 17,964, Canadian RV dealer inventory levels have significantly increased from previous lows, CRVA said.
CRVA expects Canadian Dealer inventory levels to continue to build as the retail season begins. Levels may return closer to normal levels later this year, which is much sooner than originally forecasted, CRVA said.