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