Canada's retail sector saw a boost in April, but don't get too excited—early data suggests a sharp decline is coming in May. It’s a classic case of "good news, bad news," showing how consumer spending is still on shaky ground.

Editor’s Note: Retail sales are like a pulse check for the economy, and this mixed signal tells us recovery isn’t smooth. If May’s drop holds, it could hint at cooling demand or tighter budgets—something businesses and policymakers will be watching closely.

Supermarkets had a rough month in May, with sales volumes dropping more sharply than any time since last December. The retail sector overall felt the pinch, painting a pretty gloomy picture for the industry.

Editor’s Note: When supermarkets struggle, it’s often a sign of broader economic strain—whether it’s shoppers tightening their belts or prices squeezing wallets. This dip could hint at weaker consumer confidence or shifting spending habits, which ripple out to the wider economy. Not great news for retailers banking on a rebound.