Wednesday, November 26th0.1°C
24157
24058

Retail sales rose 0.6 per cent in November to $41B, Statistics Canada

OTTAWA - Statistics Canada says retail sales rose 0.6 per cent in November to $41 billion, the fourth increase in five months.

The agency says the increase was largely due to higher sales at motor vehicle and parts dealers as well as electronics and appliance stores.

Sales rose in nine of 11 subsectors, accounting for 72 per cent of retail trade.

The agency says weather and the timing of new product releases had a greater effect on monthly sales than promotional events in November such as Black Friday.

Sales were up 1.2 per cent at motor vehicle and parts dealers, while sales at electronics and appliance stores rose 6.4 per cent.

Higher sales were reported in seven provinces in November, with British Columbia recording the largest dollar increase at 1.4 per cent increase.

The Canadian Press


Read more Business News

24035


Recent Trending




Today's Market
S&P TSX15073.65+58.24
S&P CDNX780.64-6.86
DJIA17814.94-2.96
Nasdaq4758.252+3.36
S&P 5002067.03-2.38
CDN Dollar0.8869-0.0015
Gold1198.10+1.00
Oil73.96-0.13
Lumber328.80-0.70
Natural Gas4.295+0.144

 
Okanagan Companies
Pacific Safety0.16-0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.32+0.04
Cantex0.040.00
Anavex Life Sciences0.175-0.005
Metalex Ventures0.030.00
Russel Metals32.14+0.65
Copper Mountain Mining2.15-0.02
Colorado Resources0.130.00
ReliaBrand Inc0.0134-0.0001
Sunrise Resources Ltd0.045-0.005
Mission Ready Services0.325-0.04

 
23744




FEATURED Property
18003041113 Parkbluff Lane, Kelowna, BC
6 bedrooms 8 baths
$3,295,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


The last great Canadian tax shelter

A guide to how flow-through fund limited partnerships can mightily aid your tax planning!The end of the year will raise concerns among many professionals, self-employed persons, business owners and ev...


What I learned in China: Part 2

As per my previous article on my visit to China, we have much to learn about and from their people. It is potentially the largest market on earth with 1.3 billion people in one country but much will d...


Retirement: Health Issues

Our health is really our greatest asset and maintaining our health is of tremendous importance. You want to do what you can to ensure that health issues will not jeopardize the enjoyment of your retir...

_



24119

24158


Member of BC Press Council


22632