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Statistics Canada reports November retail sales flat at $67.6 billion

Statistics Canada reports that retail sales in November were flat at $67.6 billion, unchanged from October.
Sales at motor vehicle and parts dealers increased by 2.0 percent in November, while gasoline stations and fuel vendors saw a 0.7 percent rise.
Core retail sales, excluding gasoline stations and motor vehicle dealers, fell by 1.0 percent in November.
Statistics Canada also estimates a 1.6 percent gain in retail sales for December, but warns the figure may be revised.

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The Epoch Times

Canada’s Retail Sales Flat in November at $67.6 Billion: StatCan

Canadian retail sales in November were flat compared with October, but an early estimate by Statistics Canada pointed to a rebound in December which saw the start of Ottawa’s GST/HST holiday. The agency said Thursday overall retail sales totalled $67.6 billion in November, relatively unchanged from October. BMO senior economist Shelly Kaushik said if Statistics Canada’s preliminary estimate of a 1.6 percent gain in retail sales in December holds…

1 month ago·New York, United States

Canada Retail Sales Likely Jumped in December on Tax Break

(Bloomberg) — Canadian consumers appear to have embraced falling interest rates and ended the holiday season with the strongest spending in nearly two years.

1 month ago·Canada

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Winnipeg Free Press

+27 Reposted by 27 other sources

Statistics Canada reports November retail sales flat at $67.6 billion

Breaking News, Sports, Manitoba, Canada

1 month ago·Winnipeg, Canada

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Business Examiner

NOVEMBER 2024 SAW SLIGHT INCREASE IN RETAIL SALES IN BC

BRITISH COLUMBIA – Canadian retail sales remained largely unchanged at $67.6 billion in November from the previous month. Compared to the same time last year, retail sales are up by 1.6 per cent. Furthermore, core retail sales, which exclude gasoline and automobile items, fell by 1.0 per cent month-over-month. In volume terms, adjusted for rising prices, retail sales were down 0.4 per cent in November. Retail sales in British Columbia were up 0.…

30 days ago

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Mortgage Rates & Mortgage Broker News in Canada

Canadian consumers are more resilient than retail report suggests: Scotiabank - Mortgage Rates & Mortgage Broker News in Canada

Although retail sales were flat in November, Canadian consumers have shown greater resilience than many credit them for, according to Scotiabank’s analysis.

1 month ago

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thecanadianmedia.com

Canada’s Nov retail sales of $67.6 billion to be flat - The Canadian Media

Ottawa/CMEDIA: With Canadian retail sales reportedly in Nov being flat compared with Oct, the start of Ottawa’s GST/HST holiday pointed to a rebound in Dec. as an early estimate by Statistics Canada. Most sectors were down, led by building materials (-2.1%) and food and beverage (-1.6%). On the positive side, autos rose 2.0%, leaving sales ex-autos down 0.7%. Higher spending at gas

1 month ago

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