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Canada Retail Sales –January 2017By: Paul Young CPA, CGA
March 21, 2017
Author / Bio• Paul Young, CPA, CGA
•SME – Financial Performance Management (TM1, Cognos Controller and Cognos Disclosure Management, OpenPages, Algorithmics, CognosIntegrated Server, Cognos Command Center and Datawatch)
•Industry Experience
•15+ years in Corporate Reporting, Budget & Forecasting, Costing, Business Process Management, Internal Audit and Controls, Risk Management, Financial Analysis, Costing
•11+ years in financial solutions (FOPM, FPM, Risk, Office of the Finance, Risk Management)
•8+ years teaching Advance Finance, Advance Accounting, Public Finance and Advance Management Information Systems
•Blogger in areas like Finance Analysis, Government policies, market segment
Agenda Wholesale Sales / Canada
Retail Sales / Canada
What are wholesale sales?
Wholesaling is the sale and distribution of goods to specific
customer types such as those most commonly referred to as
resellers. Resellers are traditionally retailers, other
wholesalers or merchants who will resell the good to an end
user. Certain industrial, commercial and institutional
customers also qualify, as the goods are often a component
of a different end product.
Source - Investopedia
• Increase sales is indicator that various suppliers strongly about consumer
demand
• What is missing is that business inventories have declined. So, business maybe
growing sayings through lower inventory levels. Lower inventory levels could
mean a few things like using more drop shipments or working more directly with
manufacturers as part of demand for their product or keeping less inventory on
hand.
• You cannot also look at one month, but the trend in terms of the business
economic activity
Source – Stats Canada – March 20, 2017
Source – Stats Canada – March 20, 2017
Stats Canada – March 20, 2017
• Automotive related wholesales grew in January 2017, but inventory shrunk
• In general business inventory shrunk in January 2017
eCommerce / Canada
http://cdnpos.com/e-commerce-to-account-for-10-
of-canadian-retail-sales-by-2020/
Canada POS – February 20, 2017
BMO / Economics
BMO Economics – March 21, 2017
Stats Canada – March 21, 2017
Stats Canada – March 21, 2017
% Change for Monthly Retail Sales by Segment
Stats Canada – March 21, 2017
% Change for Monthly Retail Sales by Province
What does Wholesales Sales /
Retail Sales?
January 2016 also seen a bumped up with retail sales, however, the sales tend to
become slower as the year progressed
The impact of carbon tax/pricing has not completely work its way through the system
Any change in government policy that reduces either after tax income or increases
prices could impact retail sales
Retail sales, especially electronics can be driven by new product releases.
Consumer debt is still an issue as such people may continue to revisit the large
purchases
Housing market continues to face many pressures, especially affordability
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