Retail sales decreased 0.1% to $66.1 billion in August. Sales were down in six of nine subsectors and were led by decreases at motor vehicle and parts dealers (-0.9%). Core retail sales—which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers—were down 0.3% in August. In volume terms, retail sales declined 0.7% in August. Based on respondent feedback, approximately 12% of Canadian retailers reported that their business activities in August had been affected by the strike at the ports in British Columbia. The decrease in retail sales in August was led by lower sales in the motor vehicle and ... (full story)

Retail Sales in Canada declined by 0.1% on a monthly basis in August to C$66.08 billion, Statistics Canada reported on Friday. This reading followed the 0.4% growth recorded in July and came in better than the market expectation for a decline of 0.3%. Retail Sales ex Autos increased by 0.1% in the same period, after rising by 1.1% in July. The USD/CAD pair showed no immediate reaction to these figures and was lasts seen trading modestly lower on the day at 1.3700. (full story)