This industry profile provides a five-year forecast for Canada’s Retail Trade Industry.
Canada’s Retail Trade Industry: Industrial Profile Autumn 2012
Canada’s Retail Trade Industry: Industrial Profile Autumn 2012
Industry Economic Analysis
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- Economic Uncertainty—Economic uncertainty at home and abroad continues to affect consumer spending and contribute to slowing growth in retail sales.
- Household Debt—With household debt at record levels, Canadians are more likely to delay big-ticket and discretionary purchases.
- Higher Costs—Higher operating costs for such things as labour and rent are squeezing industry profits, particularly at a time when consumers are already pinching pennies.
