March retail sales surge recorded with a modest 0.8% gain

Friday, May 23, 2025, 10:20 am

Statistics Canada reported that retail sales in March climbed by 0.8%, buoyed by robust vehicle and parts sales. The figures underscore a steady consumer spending environment amid market jitters, proving that even modest gains can spark optimism in an unpredictable economic climate.

financialpost.com / Retail sales increase puts another Bank of Canada rate cut back on the table

Currently, markets predict there is less than a 30 per cent chance the central bank will cut rates next month

globalnews.ca / Canadian retailers saw a 0.8% boost in March led by vehicle and parts sales

Retail sales increased by 0.8 per cent in March, according to Statistics Canada, and led by vehicle and parts sales, followed by building materials and garden equipment.

citynews.ca / Statistics Canada reports retail sales up 0.8 per cent in March at $69.8 billion

OTTAWA — Retail sales rose 0.8 per cent to $69.8 billion in March, helped by an increase in new car sales as Canadians looked to get behind a new set of wheels before tariffs started to raise prices. The gain came as Statistics Canada’s preliminary estimate for April also pointed to an increase of…

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