Looks like British Columbians are tired of shopping til they drop.
According to a recent Statistics Canada report, retail sales in BC saw a decline of $128 million in June 2018, compared to May.
This is the largest drop in the retail industry in Canada, making up a change of 1.8%. Vancouver itself saw a 2.1% decrease ($72 million) in retail sales over the one month period.
However, we’re actually buying more retail goods than we did last year.
In 2017, British Columbians spent $7.04 billion, whereas this year, we spent $7.12 in the same time period, representing a 1.2% increase in spending.
Across Canada, retail sales saw an overall growth of 0.2% in June from May.
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