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Headlines for Canadian Retailers: June 22

Hardlines is keeping Canadian retailers informed on the ways COVID-19 is impacting their home improvement stores. Check back each week for an update on the latest headlines affecting home improvement retail in Canada.

LBM Well-Positioned to Rebuild Economy

A recent economic impact report shows the lumber and building materials industry provides more value and has a broader economic footprint than most other retail sectors in the Canadian economy.

Canadian Govt. Extends Emergency Benefit

The Canada Emergency Response Benefit is getting a two-month encore, though the federal government is encouraging workers to return to the labor force where possible.

Canadian Retail Sales Dip in April

Retail sales fell 26.4 percent in April to $34.7 billion, StatCan reports, and have fallen by 33.6 percent since physical distancing measures were implemented in mid-March.

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