Canadian Tire is a retailing giant in Canada with several banners that offer some insight into the health of the consumer.
The company reported earnings today and it painted a picture of a sluggish consumer.
There was a pick-up in December that the company highlighted on and that may have coincided with the GST holiday.
Greg Hicks, President and CEO said they are "observing economic green shoots" on sentiment and spending but also said "consumer demand remained constrained in discretionary categories."
The Canadian December retail sales report is due on Fri, Feb 21 (with advance January numbers).
I also gather than Canadians are very disturbed by all the tariffs talk from the US and that could reverberate in later months.
This article was written by Adam Button at www.forexlive.com. Read More Details
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