Note to Dejected U.S. Retailers: Malls Are Still Big in Canada an hour ago

A report by the Retail Council of Canada shows that sales by square foot in the northern nation’s shopping centers beat their U.S. counterparts on average. And that’s in spite of the Canadian dollar’s weakness.  Malls in the U.S., which are losing sales to online shoppers, have more vacancies than north of the border, according to Craig Patterson, author of the study from the Toronto-based industry group.