The Canadian Federation for Independent Business (CFIB) reported this morning that both short- and longer-term confidence of small businesses was flat in January as the pandemic continues to weigh on firm’s prospects. The three-month index held steady this month at… Read More ›
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E-Sight January 22: A retail party in November followed by a hangover in December
Canadian retail sales growth picked up in November 2020, rising by 1.3% to $55.2 million. The acceleration in sales was particularly welcome as it came after two months of more modest gains. The pattern of retail spending in November suggested Canadians… Read More ›
E-Sights December 18: Retail Spending Continues to Grow but Impacts of the Second Wave Beginning to Emerge
Canadian retail sales continued to grow in October, gaining 0.4% month-over-month. After October’s increase, retail sales are now an impressive 4.5% above its pre-pandemic level. In volume terms, sales were up 0.2% which will likely help the industry make a… Read More ›
Alexander Economic Views 