Canada's border trade falters

30-Jul-2004

CANADA. Dollar sales at Canada's border stores fell by 6.5% in the first five months of the year to C$60.4m ($46m) as the expected recovery from last year's downturn failed to materialise.

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Sales fell back to 1999 levels last year as a result of a large reduction in tourist volumes, and analysts had predicted that 2004 would see a return to

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(1-Aug-2004) - Tobacco sales at Canada's border stores continued to decline faster than the rate of decline in total sales over the first five months of 2004, reflecting the continuing troubles caused by the government's export tax on domestically-produced tobacco products.
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