Canadians Continue To Spend On Home Improvement

Canadians continued to spend on home improvement in the month of June, with sales of hardware, tools, renovation, and lawn and garden products increasing 5.9 per cent year-over-year, says Statistics Canada. The largest contributor to sales growth in this category was lumber and other renovation materials and supplies (up 12.1 per cent), followed by floor coverings and tiles (up 29.2 per cent). Overall retail sales reached $60.5 billion (up 6.9 per cent), with in an increase in clothing sales (12.5 per cent); personal and beauty products (8.1 per cent); home furniture, furnishings, housewares, appliances, and electronics (2.2 per cent); and motor vehicles (10.8 per cent). However, recreational vehicles saw a decline of 9.9 per cent from the same time last year. Also seeing a decline in sales were new recreational boats (down 11.4 per cent), new snowmobiles and personal off-road vehicles (14.3 per cent), food retailers (0.6 per cent), and sales of fresh food (0.8 per cent).