Business · Economy · 13 hrs ago
Canadian retail sales rose 1.2% to $74.6 billion in August
Retail sales in Canada rose 1.2% in August to $74.6 billion, Statistics Canada says.
Sales increased in all nine retail subsectors tracked by the agency.
Motor vehicle and parts dealers led the gains, with sales up 1.2%, including a 1.5% rise at new car dealers.
Core retail sales, which exclude fuel sellers and motor vehicle and parts dealers, increased 1.1%.
Food and beverage retailers gained 1.1%, while general merchandise retailers rose 1%.
Sales also rose 1.2% in volume terms, meaning the increase was not only in the dollar value of purchases.
An early estimate suggests September sales rose 0.7%, but Statistics Canada says that figure will be revised.
Canadian retail sales rose 1.2 per cent to $74.6 billion in August, Statistics Canada reported.
Sales increased in all nine subsectors tracked by the agency.
Motor vehicle and parts dealers led the gains, with sales up 1.2 per cent and new car dealer sales up 1.5 per cent.
Core retail sales rose 1.1 per cent, while sales volume increased 1.2 per cent.
Statistics Canada’s advance estimate indicated retail sales rose 0.7 per cent in September, but the figure was subject to revision.
- Who
- Statistics Canada reported the figures.
- What
- Canadian retail sales rose 1.2 per cent to $74.6 billion.
- When
- August 2026.
- Where
- Canada.
- Why
- Higher new car sales helped lift retail sales.
This story does not have two clearly opposing sides.
Retail sales rose 1.2 per cent to $74.6 billion.
Statistics Canada’s advance estimate suggested retail sales gained 0.7 per cent, subject to revision.
The figures were reported by the Canadian Press and published by BNN Bloomberg and the Globe and Mail.
- Total retail sales
- $74.6 billion
- Monthly retail sales growth
- 1.2 per cent in August
- New car dealer sales growth
- 1.5 per cent
- Core retail sales growth
- 1.1 per cent
- September advance estimate
- 0.7 per cent growth, subject to revision