Report Published: "Canada Food & Drink Report Q2 2013"
All in all, our outlook for the Canadian economy has not changed in the past quarter, with incoming data confirming our view that growth would slow into 2013. Household consumption will continue to increase during the year, although caution regarding discretionary spending will impact short-to-medium-term development of food and drink sales values, especially as the price-based competition in the mass grocery retail sector intensifies with the pending entry of Target and the expansion of Walmart.
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