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Statistics Canada also says early estimate for retail sales in May suggests a gain of 1.6% for the month

portrait of happy asian male shopkeeper

Furniture sales drop 1%, while price increases account for 1.2% rise in food store sales

Portrait Of Male Florist Outside Shop

New car sales dropped 5.9% but Canadians spent more on building materials and garden supplies

Florist

"The U.S. consumer now appears to be single-handedly keeping the global economy afloat," economist said

Man serving customer at the counter in a clothing store stock photo

February gains of 15.1% in clothing sales offset by 5.1% drop in auto sales: StatsCan

Coffee Shop owners

Sales dropped in eight of 11 subsectors including furniture, down 11.3%

Coffee Shop owners

December GDP could be less than expected, a CIBC economist warns

Woman Selling Soft Drinks At Farmers Market Stall

The 1.6% increase in retail sales in October beat estimates of 1%

Portrait Of Male Florist Outside Shop

High prices aren't deterring consumers from spending

Businessmen are skeptical looking at stock market charts.

Choppy data may prompt caution from the Bank of Canada next week