The Canadian Retail Outlook 2015: The Shakeup Continues

The Conference Board of Canada, August 24, 2015
Recorded Webinar by
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Canada's retail trade industry is in flux.

In just the past few months, numerous high-profile retailers have exited the Canadian market. Retail sales growth has come to a standstill for the past half year, reflecting the slowdown in the Canadian economy. Despite the ongoing gains from lower gasoline prices, weak employment and income growth throughout much of Canada is taking a bite out of consumers' purchasing power.

At the same time, new players -- especially in the high-end segment of the industry -- have made their debuts, or are soon planning to enter markets across the country. So what is causing this disruption in the market? Are consumers changing their habits? Or are other trends at play?

As we head into the crucial back-to-school and holiday shopping seasons, join us to hear the economic outlook for Canadian retail. You won’t want to miss this detailed look into the industry, and what affects consumers spending patterns will have on businesses over the next year.

Webinar Highlights

In this 60-minute webinar, Michael Burt, Director, Industrial Economic Trends at the Conference Board, will address:

  • The fundamentals - the impact of a lower Canadian dollar, reduced gas prices, and high levels of household debt on consumers and their shopping habits.
  • The so-called "middle-class retailers" - what the future holds for them as consumers shift their shopping behaviour.
  • The consumer - how savvy and sophisticated Canadian shoppers are posing new challenges to established and new retailers.
  • The retail footprint - how industry turnover will affect commercial real estate in shopping centres and malls

About Michael

photo of Michael BurtAs Director, Industrial Economic Trends, Michael Burt oversees regular forecasts for more than 30 different sectors of the Canadian economy, including an annual Industrial Profile for Canada's Retail Trade Industry. Michael joined The Conference Board of Canada in 2004. In addition to contributing to the development of the Industrial Outlook forecast model, Michael has introduced new industry-specific products and conducted commissioned analysis. Michael has a Master's degree in Economics from the University of Toronto, and has also completed the Chartered Financial Analyst program.

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