Year-to-date sales have not caught up to this time in 2019, after sales plunged during the spring lockdown
BoC governor Macklem urged central bankers to up public communication in a Friday speech
The central bank will tolerate a higher level of inflation than it generally has in the past
Economists say a full recovery remains far off
The European economy may take longer to heal
There have been consecutive months of record-breaking gains and sales are up from a year ago
Sales soared 23.7% in June to $53.0 billion, StatsCan said, as it also revised its May reading
However, growing evidence suggests that sales could be slowing
Sales climbed a record 20.7% in June, though they're still below their pre-pandemic level
It was the first monthly spending increase since the pandemic hit