National retail sales surge as consumer spending remains resilient

By Staff The Canadian Press Posted June 21, 2023 9:38 am Updated June 21, 2023 9:57 am Decrease article font size Increase article font size According to Statistics Canada, retail sales in April increased by 1.1% to reach $65.9 billion. The growth was primarily driven by general merchandise retailers and food and beverage stores. This …

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Canada Outshines Other Nations in Retail Sales, But What Drives Such High Spending? – National Perspective

Retail sales growth in Canada continues to surpass global markets this year, highlighting the resilience of Canadian shoppers despite inflation and recession concerns, according to a new report. The Colliers 2023 Retail Outlook reveals that consumers in Canada are still spending, although retail sales have slightly cooled compared to last year’s spike in prices and …

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Save this summer by taking advantage of lower gas prices for travelers

swissmediavision | E+ | Getty Images For those embarking on summer travels, there is promising news: Gas prices have significantly dropped compared to last year. “What a difference a year makes,” expressed Andrew Gross, a representative for AAA, the renowned motoring and leisure travel membership organization. As of Friday, the national average for a gallon …

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