Canada Shoppers Resilient Amid Trade War as Retail Rebounds (1)

Canadian retail sales made up for the worst start to a third quarter since 2022 with a relatively healthy gain last month.

An advance estimate suggests receipts for retailers grew 1% in August, wiping out July’s 0.8% decline, according to Statistics Canada data Thursday. Sales also fell 0.8% in volume terms in July, and when auto sales were excluded, receipts slid 1.2%.

The statistics agency didn’t provide details for the August estimate, which is based on responses from just more than half of companies surveyed. But it correctly projected the extent of July’s drop, which also matched the median ...