Published twice a year, the Canadian Industrial Outlook Service includes detailed, five-year forecasts in 10 key Canadian industry sectors. Outlooks for several financial and economic variables—prices, production, revenues and expenditures, profits, gross domestic product, and employment—are generated, based on forecasts of key domestic and international factors such as interest rates, exchange rates and tax policy.
Document Highlights
Canada’s Retail Trade Industry: Industrial Outlook forecasts investment spending, revenue, costs and profits for the retail trade industry. For the analysis, this diverse industry is broken down into five major sectors:
- motor vehicle and parts dealers
- furniture, home furnishings, electronics and appliance stores
- food and beverage stores
- clothing, department and other general merchandise stores
- other retailers, including building materials and garden equipment and suppliers, health and personal care product stores, and miscellaneous store retailers
After a year of weak profits in 2003, overall profits will grow by a spectacular 32.8 per cent in 2004 to over $9 billion—in line with strength in the general economy and in personal consumer spending.
Profit growth will moderate in the medium term, averaging 11.7 per cent from 2003 to 2008. Motor vehicle and parts dealers will see the most dynamic growth, at an annual average of 19 per cent, due to higher productivity.
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