CANADA HAD PROMISING SALES FIGURES IN JANUARY 2020: COVID-19 IMPACT EXPECTED

Highlights:

• The retail sector for motor and vehicles and parts did well in January 
• Gasoline stations also did well
• However, Statistics Canada has warned about the retail sector being impacted by the coronavirus pandemic  

B...

What is the major driving factor behind lower retail sales in Canada

Even though the sales in the retail sector are rising across the country, the Albertans are not spending enough money, with numbers reaching a level that is so low that is has marked to be the lowest since early 2017, as revealed by the Statistics Canada.

The decline in the overall mont...