This industry profile provides a five-year forecast for Canada’s Retail Trade Industry.
Canada’s Retail Trade Industry: Industrial Profile Autumn 2014
Canada’s Retail Trade Industry: Industrial Profile Autumn 2014
Industry Economic Analysis
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- Consumer Confidence—Confidence fell in five of the last six months, with consumers feeling less optimistic about their future finances. This could lead to a reduction in spending at retail stores.
- Weaker Dollar—A weaker dollar is discouraging Canadians from travelling to the U.S.in search of bargains, helping to keep retail spending closer to home.
- Housing Market—The Canadian housing market enjoyed renewed momentum in the first half of 2014, supporting home-related purchases.
