Retail sales in Canada climbed by 0.1% to $65.9 billion in June, according to data released by Statistics Canada on Wednesday. Despite the slight increase, the new data offers evidence of cooling consumer demand. The increase was entirely driven by the sales of motor vehicles and parts. Excluding motor ... READ MORE >
Canada retail sales
Canadian retail sales rebound amid strong auto demand
Retail sales in January went up by 3.2%, fully offsetting December’s decline despite the spread of the omicron variant, according to Statistics Canada. In terms of volume, sales increased 2.9%, and there was growth in most industries. The fact that most sectors were little affected by omicron ... READ MORE >
Canada’s retail sales slump because of omicron
Retail sales in Canada plunged by 1.8% in December across all provinces as the spread of the omicron variant hurt holiday shopping, according to data released by Statistics Canada on Friday. The fast spread of the variant led to tightened restrictions and limited capacity at stores across the country. ... READ MORE >
Canada’s retail sales increased by 1.6% in October but new virus threat looms
Retail sales in Canada climbed by 1.6% to $57.6 billion in October thanks to rebounding sales of motor vehicles and parts, according to data released by Statistics Canada on Tuesday. But the data was captured before the recent surge of the omicron variant of the coronavirus, which in a matter of ... READ MORE >
Canadian retail sales fall as chip shortage hurts auto sales
Retail sales in Canada decreased by 0.6% in September, to CA$56.6 billion, as a severe shortage of semiconductor chips slowed production in the auto industry, according to data released by Statistics Canada on Friday. The drop was almost entirely driven by sales of motor vehicles and parts, which ... READ MORE >