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Coronavirus Update: Canada’s labour market adds jobs for third straight month, recovering 55% of losses between February-April

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August 7: Child care centres in Ontario are set to receive $234.6-million in funding; Canadian consumers are shopping online more amid the pandemic

Going out less, buying more:

Retailers like Loblaw and Canadian Tire reported customers are making fewer trips, but stocking up more on each visit. This week, Canadian Tire reported its average basket size was upThe 10 fastest-declining products in June were all clothing, shoes and makeup. Clothing sales in Canada fell from $2.2-billion in February to $727-million in May.Saving are on the rise, but it’s not an even split. Canadians hit hardest by a recession are also likely to be the least able to save.

 

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POTUS realDonaldTrump Spanky this is how you represent job numbers!

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