周四，标准普尔/多伦多证交所综合指数徘徊在25300点的平坦线上，受到金融、铁路运营商和能源生产商上涨的支撑，尽管主要矿业股的下跌缓和了涨幅。权重银行加拿大帝国商业银行以1%的涨幅领涨金融股，而加拿大皇家银行和布鲁克菲尔德银行各上涨约0.5%。铁路巨头加拿大太平洋公司和加拿大国家公司各上涨约1%，而随着油价稳定，能源股得到支撑。相反，与黄金挂钩的矿商，包括Agnico Eagle、Barrick Gold、Wheaton Precious和Franco Nevada，对该指数造成了1.1%至1.8%的跌幅。在经济方面，加拿大12月的零售额预计将增长1.6%，这是自2022年5月以来的最高增幅，此前11月停滞不前，以食品和饮料零售商为首的9个子行业中有6个的下降（-1.6%）被机动车和零部件经销商（+2.0%）和加油站（+0.7%）的增长所抵消。

The S&P/TSX Composite Index hovered above the flatline at the 25,300 mark on Thursday, supported by gains in financials, railway operators, and energy producers, though losses among major mining equities tempered the rise. Heavyweight lender CIBC led financials with a 1% gain, while RBC and Brookfield added around 0.5% each. Railway giants Canadian Pacific and Canadian National advanced about 1% each, while energy stocks found support as oil prices stabilized. Conversely, bullion-linked miners, including Agnico Eagle, Barrick Gold, Wheaton Precious, and Franco-Nevada, weighed on the index with losses of 1.1% to 1.8%. On the economic front, retail sales in Canada are expected to jump 1.6% in December—the highest increase since May 2022—after stagnating in November, where declines in six of nine subsectors, led by food and beverage retailers (-1.6%), were offset by gains in motor vehicle and parts dealers (+2.0%) and gasoline stations (+0.7%).

加拿大：第四季度汽车销售大幅提振了商品支出——加拿大国家银行。11月的零售销售报告相当令人失望。美国全国广播公司经济学家报告称，本月不仅好的支出停滞不前，而且随着价格上涨，这导致销售量下降了0.4%。

Canada: Goods spending got a major boost from car sales in Q4 – National Bank of Canada.November's retail sales report was rather disappointing. Not only did good spending stagnate over the month but, as prices rose, this translated into a 0.4% decline in sales volumes, NBC ecnomists report.

加拿大：11月零售销售持平，但可能仍是第四季度实际消费的关键驱动力。在10月份2.4%的强劲增长基础上，机动车和零部件经销商的销售额增长了2.0%m/m。除汽车外，销售额下降了0.7%m/m，低于普遍预期的0.1%m/m增长。

Canada: Retail Sales flat in November, But Likely to Remain a Key Driver of Real Consumption in Q4.Sales at motor vehicle and parts dealers were up by 2.0% m/m, building on October's strong gains of 2.4% m/m. Ex-autos, sales were down 0.7% m/m, falling short of the consensus expectation of 0.1% m/m growth.

初步估计显示，2024年12月，加拿大的零售额预计将环比增长1.6%，这是自2022年5月以来的最大增幅。11月份的数据持平，9个子行业中有6个子行业的销售额下降，主要是食品和饮料零售商的销售额下降（-1.6%）。机动车和零部件经销商（+2.0%）以及加油站和燃料供应商（+0.7%）的销售额增长在很大程度上抵消了其余子行业的下降。与此同时，11月核心零售额下降1%，创下六个月来最大跌幅。零售额同比增长1.6%。

Retail sales in Canada are expected to surge 1.6% month-over-month in December 2024, the biggest gain since May 2022, preliminary estimates showed. It follows a flat reading in November, with sales declining in six out of nine subsectors, led by lower sales at food and beverage retailers (-1.6%). Higher sales at motor vehicle and parts dealers (+2.0%) and gasoline stations and fuel vendors (+0.7%) largely offset declines in the remaining subsectors. Meanwhile, core retail sales decreased 1% in November, posting their largest decline in six months. Year-on-year, retail sales increased 1.6%.