April 19, 2016 11 am eastern

Statistics Canada reported a survey of large retailers today. A very mixed picture . Liquor up 10%, footwear up 15% on the year (probably due to the lower dollar), Toys games and hobby supplies down 17%. The implication is that some retailers will do very well others will struggle to survive.

Markets are strong this morning as is oil and the Canadian dollar (which is at 79 cents).