QSA's Week in Retail (#3, 2025)
GST tax break impacts inflation; Amazon exits Quebec; Retail sales mixed in November; CPI rises 1.8% in December.
Start Date: 2025-01-18
End Date: 2025-01-24
Top Headlines
Main Stories
GST Tax Break on Essential Goods
Randy Boissonnault, MP, announced a GST tax break on essential items, including pantry staples and children's necessities, effective until February 15, 2025. This policy aims to mitigate inflation impacts, with the Consumer Price Index (CPI) showing a 1.8% increase in December. Retailers in these sectors may experience shifts in consumer purchasing patterns as these tax incentives could influence sales dynamics and inventory strategies.
Sources: ['Social Media: x.com']
Amazon's Departure from Quebec
Senator Leo Housakos highlighted Amazon's decision to exit Quebec, citing unsustainable union demands and left-wing policies. This move has significant implications for the retail sector, with potential shifts in employment and local market dynamics. Retailers and suppliers in Quebec may need to reassess their strategies in light of Amazon's withdrawal, which affects local tax revenues and job markets.
Sources: ['Social Media: x.com']
