Retail sales finally returned to pre-virus levels
Canadian debt back in demand, domestic investors add U.S. securities
Retail sales jumped 1.9% last month, better than economists expected
Lack of further economic aid from the government could spell disaster
Businesses owners are cautiously optimistic, according to two surveys
The number of business closures remained higher than the pre-Covid level
Core retail sales, however, fell 1.2%
Lower-income households tend to have a higher debt levels
Used car prices surged by the largest amount in 51 years
Bank economists offer their base-case scenarios