Retail sales are up 0.3% after price consideration are removed. Retail sales continue be on a pace for 8% growth. Caution: Household debt is ultimate high in 2017.

1. Retail Sales - Canada–
April 2017
By: Paul Young, CPA, CGA
June 21, 2017

2. Paul Young - Bio
• CPA, CGA
• Financial Solutions
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Financial Solutions
• SME – Supply Chain Management
• SME – Business Strategy and Restructuring
Contact information:
Paul_Young_CGA@Hotmail.com

3. Why are retail sales important to an
Economy?
• Consumer spending drives about 2/3 of GDP for countries like
Canada and United States.
• Less after tax dollars means less money to spent on consumer
goods

4. Retail Sales by segment
• Stats Canada

5. Retail Sales by segment
• Stats Canada

6. Retail Sales by Province – Monthly % Change
• Stats Canada

7. eCommerce Sales – Canada
• Stats Canada

8. Sears Canada – Going Concern
• http://www.cbc.ca/news/business/sears-canada-creditor-protection-
1.4170901
Bloomberg, citing unnamed people it said were familiar with the matter, reported that the
company is preparing to seek court protection from creditors within weeks and that the
business could be sold off in pieces.
The Toronto-based retailer and its American counterpart have been suffering from dwindling
sales for years as a result of changes to consumer buying patterns and new competition,
particularly from online shopping.
In April, Sears Canada announced that its 2016-17 loss was $321 million.
Shareholders rank after lenders and creditors in a court-supervised bankruptcy proceeding, so
Sears Canada shares could lose most or all of their value if it files under the Companies
Creditors Arrangement Act or Bankruptcy and Insolvency Act.

9. Retailers and Robots
Source - http://www.timescolonist.com/rise-of-the-machines-canadian-retailers-on-cusp-of-using-more-robotics-1.20598245

10. Canada eCommerce
Source - https://www.ecommerceworldwide.com/expert-insights/expert-insights/online-
shopping-behaviour-in-canada