It's been an ongoing struggle over the past few years, but it seems as though Canada is on a solid track to fully recover from the negative effects of the global economic recession. One indicator of strong improvement within Canada has been its recent retail sales volumes.

According to the latest data from Statistics Canada, retail sales throughout the country increased by 0.8 percent in February from the previous month. This represents an approximate total of $39.5 billion in transactions. The research revealed that sales jumped in eight of the nation's 10 provinces, including Alberta, Manitoba, British Columbia, Ontario and Quebec. These findings highlight the fact that Canadian consumers are becoming more confident in the economy as well as their own financial conditions.

In January, retail sales also increased, following several months of declines at the end of 2012. CBC News reports that sales volumes rose 1 percent from December, beating analysts expectations of 0.9 percent. If these figures continue to improve in Canada, retailers can adjust to boosts in consumers spending by incorporating retail POS software into their operations.

This entry was posted by Retail Pro on Friday, April 26th, 2013 at 10:20 am .