Canadian retail sales posted weaker-than-expected gains in March amid escalating inflation, higher energy prices and rising interest rates. Receipts were little changed in March, Statistics Canada said on Thursday. Economists were anticipating a 1.4% sales gain.  While March receipts were up in 10 out of 11 subsectors led by higher sales at gasoline stations, lower sales at motor vehicle and parts dealers erased the gains in the remaining sectors, according to the agency. Core retail sales, which exclude gasoline and automotive and parts, increased 1.5% in March. In volume terms, sales were down 1%. Still, sales are expected to increase 0.8% in April, according to preliminary estimates. Retail sales were up 3% in the first quarter of this year, the largest increase since the third quarter of 2020. Source - https://www.bnnbloomberg.ca/canada-retail-receipts-unchanged-in-march-on-fewer-car-sales-1.1770970

1. Retail Sales –
Canada –
March 2022
Paul Young CPA CGA
May 26, 2022

2. Paul Young - Bio
• CPA, CGA (1996)
• Academia (PF1, FA4, FN2, MU1. and MS2)
• SME – Customer Success Management
• SME – Risk Management
• SME – Close, Consolidate and Reporting
• SME – Public Policy
• SME – Emerging Technology
• SME – Business Process Change
• SME – Financial Solutions
• SME – Macro/Micro Indicators
• SME – Supply Chain Management
• SME – Data, AI, Security, and Platform
• SME – Internal Controls and Auditing
Contact information email: Paul_Young_CGA@hotmail.com
LinkedIn: https://www.linkedin.com/in/paul-young-055632b/
SlideShare - https://www.slideshare.net/paulyoungcga
Twitter: https://twitter.com/paulyoungcpa
Youtube - https://www.youtube.com/user/youngercga1968/videos

3. Agenda
 USA vs Canada (Retail Sales)
 Gasoline Prices
 Canada Retail Sales by Segment
 Canada Retail Sales by Province
 Canada / eCommerce
 Global eCommerce
 Issues facing Retail
 Retail Council / 2021 Federal Budget
 Canada Retail Sales Bankruptcies / Reorganizations
 Home Renovations
 Amazon
 Cannabis Stores / Canada
 Automation
 Sales Forecasting
 Supply Chain
 Cash Flow Management
 Risk Analytics / Retail
 Planning Analytics and Cognos Analytics

4. USA vs Canada – Retail Sales
BMO -
https://economics.bmo.com/en/publications/detail/ed5e7630-
886f-486e-a97e-16ec29422532/
BMO -
https://economics.bmo.com/en/publicati
ons/detail/c9d2fe5f-0838-4595-8895-
bd9f21ae054a/
U.S. Retail Sales
Inflating Away.pdf Canadian Retail Sales
(Mar.) — Strength Under the Hood.pdf

5. Summary - Inflation

6. Gasoline

7. Price Change by Main Area

8. Summary - Inflation

9. Retail Sales by Segment
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220526/dq220526b-eng.htm
Retail - Canada -
March 2022.pdf

10. Retail Sales by Province
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220526/dq220526b-eng.htm

11. eCommerce Sales / Canada
Source - https://www150.statcan.gc.ca/n1/daily-quotidien/220422/dq220422a-eng.htm

12. Global
eCommerce
Source -
https://dazeinfo.com/2020/08
/04/global-e-commerce-sales-
to-reach-3-9-trillion-in-2020-
report/

13. Issues facing Retail
Source - https://linchpinseo.com/common-challenges-facing-the-retail-industry/
1. Digital interruption
2. Finding Technological Solutions
3. Maintaining your customer base
4. Evolving customer expectations
5. Modern marketing
6. Inspiring and retaining employees
7. Effective internal communications

14. Retail Council
/ 2022 Federal
Budget
SOURCE –
HTTPS://WWW.RETAILCOUNCIL.ORG/PRO
VINCE/NATIONAL/2022-BUDGET-
HIGHLIGHTS-FOR-RETAIL-SMALL-
BUSINESS-TAX-RATE-CREDIT-CARD-FEES/

15. Retail
Bankruptcies
and
Reorganizations
Source - https://www.retail-
insider.com/retail-
insider/2020/8/mass-
bankruptcies-and-store-
closures-expected-in-canada-
by-early-2021-experts

16. Home
Renovations
 Home renovations are booming in Canada
 Source - https://www.cbc.ca/news/business/home-
renovations-covid-19-1.5703738
 It could be a good opportunity to bring back the home renovation tax
credit - https://www.moneysense.ca/news/harper-pledges-to-re-
introduce-home-renovation-tax-credit/

17. Amazon
Source -
https://financialpost.com/new
s/retail-marketing/amazon-to-
hire-100000-more-workers-in-
canada-and-the-united-
states?utm_medium=Social&u
tm_source=Twitter#Echobox=
1600079502

18. Cannabis Stores
 According to recently released financial statements,
the Ontario Cannabis Store (OCS) earned $18.6
million during its 2019-20 financial year. That’s a
welcome reversal from the previous year’s $42-
million loss. But while OCS did better financially than
its Alberta counterpart, it still lagged behind
Québec’s Société québécoise du cannabis (SQDC).
 And even though Canada marked the second
anniversary of legalization this past weekend, both
Ontario and Québec still lack enough stores to make
legal products widely accessible, unlike in Alberta.
Source -
https://www.canadianmanufa
cturing.com/features/ontarios-
cannabis-agency-earns-18-6-
million-beating-albertas-but-
lagging-quebecs/

19. Automation
 RPA / Retail - https://medium.com/@savvycom/rpa-101-applications-of-
rpa-in-retail-industry-46b90a53bbe6
 Restructuring of business models for retail will include automation -
https://www.technology.org/2020/08/06/covid-19-will-encourage-
automation-in-retail-sector/
 Business process automation / retail -
https://www.impactmybiz.com/blog/business-process-automation-in-
retail/
 Retail Edge Stores - https://www.jabil.com/blog/retail-automation.html
 Rebooting stores through automation -
https://retailtouchpoints.com/resources/rebooting-the-retail-store-
through-in-store-automation
 Augment Reality / eCommerce - https://www.yahoo.com/lifestyle/now-
could-finally-time-augmented-181954198.html
 Virtual Reality / eCommerce - https://supplychaingamechanger.com/how-
virtual-reality-vr-is-drastically-enhancing-the-e-commerce-shopping-
experience-infographic/

20. Blog –
Containers
Last month, a series of COVID-19 outbreaks in Chinese ports caused the worst
shipping delays in years, the impacts of which we will likely still be feeling by
the time the holiday season arrives. But port closures are only part of the story
behind the recent shipping delays impacting virtually every sector, from
furniture deliveries to food product shortages.
Shipping containers, especially refrigerated ones, have been extremely hard for
manufacturers and distributors to find and fill with goods over the past few
months. A key element of the supply chain, shipping containers transport large
volumes of goods along global shipping routes. Problems first arose in early
2020 when shipping lines canceled some routes amid growing COVID-19 case
numbers worldwide, but shipping container availability worsened as
unpredictable port closures, the Suez Canal blockage, and intensifying labor
shortages left containers stranded. As a result, international freight costs have
also grown dramatically, with limited availability, lengthy delays, and
lackluster service causing issues throughout the global supply chain.
https://www.thomasnet.com/insights/record-breaking-box-demand-stranded-
containers-lead-to-worst-shipping-delays-in-years/?ecms_id=7a28bad3-cea7-44d2-b9f6-
4897b99c1042&ecms_short=ART5655&doc_type=ted_video_article&parent_id=949c24
0b-29da-4827-aa56-
f2d4e5339f53&utm_content=featuredvideo&linktype=image&channel=email&campaign
_type=thomas_industry_update&campaign_name=tiu210816&utm_campaign=tiu21081
6&utm_medium=email&utm_source=thomas_industry_update&tinid=221763045
Here is my work on supply chain -
https://ibm.box.com/s/bqy9mr0ktlgi64sbf49o4rg5d9w0rqkn

21. Pandemic and
Benefits
Blog – Eliminating Canada Emergency Wage Subsidy and the Canada
Emergency Rent to Small and Medium-size businesses
Business groups in Canada are warning that ending federal
pandemic-relief programs too soon could send shock waves
through the economy.
Cutting off wage and rent subsidies as planned on Oct. 23 will
force many businesses to reduce their hours, lay off staff or shut
down for good, they say.
https://www.canadianmanufacturing.com/manufacturing/small-
businesses-warn-of-layoffs-closures-if-pandemic-aid-isnt-extended-
274605/
Any changes to pandemic programs should be done through proper
consultation. Many businesses, especially in areas like retail and food
sector still are struggling with capacity issues, food costs, labor shortages,
debt issues, etc. The government should be targeted programs at those
sectors still recovering from the pandemic.
https://www.slideshare.net/paulyoungcga/dawn-of-a-new-era-for-
smallto-medium-size-public-and-private-sectors-entities-250476482

22. Food
Processing
Canada’s food manufacturers are cutting capacity and focusing
on key products as they confront labour shortages and supply
chain bottlenecks that show no signs of easing.
https://www.supplypro.ca/food-manufacturers-cut-capacity-
amid-labour-shortages-supply-chain-disruptions/
Here is my work -
https://www.slideshare.net/paulyoungcga/transportation-
sector-analysis-and-commentary-december-2021
Class 8 truck sales had a strong December 2021
Ports throughout the world continue to struggle with their
backlog
Retailers are adding more warehousing space
More and more warehousing is moving towards automation

23. Sales
Forecasting

24. Supply Chain

25. Improving Cash
Flow
Management

26. Risk Analytics
and Retail

27. Continuous
Intelligence
Planning
Blog – Mitigating risks with the supply chain using more
intelligence supply chain management solutions:
The complexity of supply chains has led both the private and
public sectors to re-think how they managed their supply chain
including the use of infused-AI.
This presentation looks at possible solutions as part of mitigating
risks related to purchasing to pay cycle as part of managing the
supply chain cycle.
https://ibm.box.com/s/63aqf8jo004v2bo5f8cf6eppgglhbvs5

28. ESG Reporting
Blog – Sustainability Reporting – Environmental, Social and
Governance Reporting (ESG)
Here is my update on ESG reporting. Both the private and
public sectors continue to expand reporting in areas like
environmental, social, and governance.
https://ibm.box.com/s/vmyitcackqevvm1hcxv7wke6gudrpnc
e

29. Planning
Analytics and
Cognos
Analytics
 Small and medium sizes businesses continue to
struggle with management of their data
 Planning Analytics Digital Pack -
https://www.ibm.com/support/knowledgecenter/SSD29
G_2.0.0/com.ibm.swg.ba.cognos.tm1_cloud_mg.2.0.0.do
c/c_tm1_cloud_system_digital_pack.html
 Cognos Analytics on Demand -
https://community.ibm.com/community/user/businessa
nalytics/blogs/david-cushing/2018/12/13/1
 Planning Analytics with Cognos on Demand –
https://community.ibm.com/community/user/businessa
nalytics/blogs/bimpe-
adefowora/2020/11/11/padataondemand
 Predictability -
https://community.ibm.com/community/user/businessa
nalytics/blogs/stuart-martin-phillips1/2020/10/02/easy-
forecasting-for-planning-users

30. Cybersecurity
Blog - Improving cybersecurity means understanding how
cyberattacks affect both governments and civilians -
https://www.linkedin.com/pulse/blog-improving-
cybersecurity-means-understanding-how-paul-
young/?published=t

31. Governance,
Risk, and
Compliance
Blog - IBM OpenPages with Watson can deliver a 218% return on
investment, finds Forrester study
https://www.ibm.com/blogs/watson/2020/12/ibm-openpages-with-
watson-can-deliver-a-218-return-on-investment-finds-forrester-
study/?campaign=socialselling&share=592db045-fde8-43e9-8ce3-
ff8d18fc175b&channel=linkedin&userID=cfad680f-7c88-4a2e-82e9-
f052d0bc4447&advocacy_source=everyonesocial&es_id=581e0fab6d
This ties nicely into my work on data, AI, security, and Platform:
 Audit - https://ibm.box.com/s/noi1j6ixzl6ralxkm4g0zzs911wf6s76
 Data and AI -
https://ibm.box.com/s/noi1j6ixzl6ralxkm4g0zzs911wf6s76
 Machine Learning -
https://ibm.box.com/s/7fape09ryvkrj515urhcx4estuzzp5hp
 Blog - Remote auditing not going away post-pandemic –
https://www.linkedin.com/pulse/blog-remote-auditing-going-away-
post-pandemic-paul-young/?published=t

32. Summary
• Canadian retail sales posted weaker-than-expected gains in
March amid escalating inflation, higher energy prices and rising
interest rates.
• Receipts were little changed in March, Statistics Canada said on
Thursday. Economists were anticipating a 1.4% sales gain.
• While March receipts were up in 10 out of 11 subsectors led by
higher sales at gasoline stations, lower sales at motor vehicle and
parts dealers erased the gains in the remaining sectors, according
to the agency.
• Core retail sales, which exclude gasoline and automotive and
parts, increased 1.5% in March. In volume terms, sales were
down 1%.
• Still, sales are expected to increase 0.8% in April, according to
preliminary estimates.
• Retail sales were up 3% in the first quarter of this year, the
largest increase since the third quarter of 2020.
Source - https://www.bnnbloomberg.ca/canada-retail-receipts-unchanged-
in-march-on-fewer-car-sales-1.1770970
Blog – Retail Sales and Consumer Spending – Canada – March 2022
Retail - Canada -
Mar ch 2022.pdf
2022REMAXCommer
cialRealEs tateRepor t.pdf
Feeling poor er
Inver s e wealth effect may add to Canadians ' s pending gloom CBC News .pdf
How s oon until
people r egr et all the megas pending they’r e doing r ight now - The Globe and Mail.pdf
US Cor por ate Pr ofits
Fall While Cons umer Spending Revis ed Up - BNN Bloomber g.pdf
Sur ging commodities
dr iving Canadian economy as s tor m clouds gather .pdf
SME and Shor tages
-.pdf
Canadian home
r es ale pr ices s ee bigges t dr op in 7 year s - BNN.pdf
CANADA
STOCK S-Tor onto index extends gains on ener gy boos t Reuter s .pdf
For mer BoC head
Economic deceler ation in the car ds for Canada Canadian Mor tgage Pr ofes s ional.pdf
Hous ehold debt to
income r atio hits r ecor d high Inves tment Executive.pdf
Nations ar e
Changing their Spending Habits Due to The Ris e of eCommer ce - The Tech Por tal.pdf
CSRWir e - Retailer s ,
Platfor ms Lead Fr om Fr ont To Dr ive Sus tainable Cons umption Davos .pdf
Canada Retail
Receipts Unchanged in Mar ch on Fewer Car Sales - BNN Bloomber g.pdf
Summary:
Canadian retail sales posted weaker-than-expected gains in March amid escalating inflation,
higher energy prices and rising interest rates.
Receipts were little changed in March, Statistics Canada said on Thursday. Economists were
anticipating a 1.4% sales gain.
While March receipts were up in 10 out of 11 subsectors led by higher sales at gasoline stations,
lower sales at motor vehicle and parts dealers erased the gains in the remaining sectors,
according to the agency.
Core retail sales, which exclude gasoline and automotive and parts, increased 1.5% in March. In
volume terms, sales were down 1%.
Still, sales are expected to increase 0.8% in April, according to preliminary estimates.
Retail sales were up 3% in the first quarter of this year, the largest increase since the third quarter
of 2020.
Source - https://www.bnnbloomberg.ca/canada-retail-receipts-unchanged-in-march-on-fewer-car-sales-
1.1770970