Industry’s revenue expands by 4% in 2016 to CAD80.3 billion
Expanding new car sales and rising fuel consumption largely drive industry’s growth
Expanding and ageing car fleet in Canada positively affects demand for car maintenance and spare parts
Fuel retail industry expected to become more fragmented as oil refiners exit fuel retail business, leaving more room for independent players
Industry forecast to see 3% CAGR over 2016-2021 thanks to anticipated growth in new car sales and expanding vehicle fleet in Canada
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