Slumping retail sales could keep Bank of Canada interest rate on hold

Slumping retail sales could keep Bank of Canada interest rate on hold

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Retail sales flatlined in the second quarter while sales volume dropped 0.8 per cent, Statistics Canada said on Aug. 23, signs that economic activity is weakening as the Bank of Canada’s rate hikes take a deeper hold. We apologize, but this video has failed to load. tap here to see other videos…

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