Canada’s retail sales fall in January; slight rebound seen in February

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Canada’s retail sales contracted a little less than expected in January, weighed down by lower goods prices and sales of motor vehicle and parts, data showed on Friday. Retail sales dropped by 0.3% in January after a 0.9% jump in December that was spurred by holiday season sales, Statistics Canada said. Analysts polled by Reuters … Read more

Is retirement realistic for millennials? Why they say they need to save more – National

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Millennials feel they need to save more than any other Canadian to retire, a new survey indicates. BMO’s annual retirement survey, released Wednesday, found Canadians ages 28 to 44 believe they will need about $2.1 million to retire, the highest among all adult generations. The online survey also found that, for a second consecutive year, Canadians overall … Read more