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flag Canadian retail sales declined 0.4% in February, hit by drops in car and furniture sales.

flag Canadian retail sales fell 0.4% to $69.3 billion in February, mainly due to declines in new car sales. flag An early March estimate shows a 0.7% increase, but TD Bank economist Maria Solovieva predicts this rebound will be short-lived as consumers are cautious about future tariffs and economic stability. flag Food and beverage sales rose by 2.8%, while furniture and electronics sales dropped 2.9%.

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