• Like
  • Comment
  • Favorite

Canadian Retailers See Solid Start to Year -- Market Talk

Dow Jones03-20 22:27

1027 ET - A solid start to the year for retail sales in Canada may be evidence that last year's interest rate cuts, combined with the slight reduction in unemployment since mid-2025, is supporting an upturn in consumer sentiment and spending, CIBC Capital Markets' Andrew Grantham says. Retail trade was up in January and an advance estimate points to further strength in February, which Grantham says may result in the strongest gain in retail sales volumes since at least 4Q 2024. Looking forward, the economist says the recent jump in gasoline prices will flatter the headline nominal retail sales figures in the coming months, but the squeeze to disposable incomes is likely to restrict purchases of other products and subdue overall sales.(robb.stewart@wsj.com; @RobbMStewart)

(END) Dow Jones Newswires

March 20, 2026 10:27 ET (14:27 GMT)

Copyright (c) 2026 Dow Jones & Company, Inc.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Report

Comment

empty
No comments yet
 
 
 
 

Most Discussed

 
 
 
 
 

7x24