Borrowers took advantage of reduced volatility, lower rates to refinance debt
Retail sales were up in six of nine subsectors the agency monitors
Spending on gas, other essentials, leading the slowdown in consumption
Louis Meagher of Setanta Asset Management says current downturn brings buying opportunities
Louis Meagher of Setanta Asset Management says current downturn brings buying opportunities
Back-to-school shopping and restaurant sales boost spending
In volume terms, overall retail sales decreased 1.4% in the month: Statistics Canada
However, initial figures for May point to a 1.1% slide: Statistics Canada
Sales were boosted by gains at food and beverage retailers, motor vehicle and parts dealers
Restaurants Canada is calling for the relief to be extended or made permanent