Exclusive commentary from the Index of Consumer Spending presents how Canadians chose to spend leading up to and during the holiday season as interest rates changed in the final quarter of 2024. Read on to find out more.
Read MoreRetail Council of Canada (RCC) and Moneris Data Services have teamed up to provide the retail industry with Canadian credit and debit spending data and consumer insights that will help the industry more easily identify consumer behaviour and spending trends at the national and provincial levels.
In partnership with Moneris® Data Services, the Angus Reid Group conducted an online survey among a representative sample of n=1,508 adult Canadians.
As part of our latest partnership with the Conference Board of Canada we are pleased to present the following authoritative insights from their Index of Consumer Spending (ICS) which has been Powered by Moneris® Data Services.
Gasoline prices have skyrocketed in the last couple of months and refuse to go down, peaking at over $1.80 per litre in early March. But how did this increase impact consumer spending?
One year after the COVID pandemic began, total spending volumes began to recover beyond pre-pandemic levels, alongside key industries including restaurants, retail, and travel.
From bowling alleys to movie theatres, many businesses that help us have fun saw a big boost in sales.
From contactless payments to emerging categories, businesses and consumers alike were able to adapt to our new normal in some surprising ways.
Preparing for the cold winter months has been a major theme for fall spending in 2020. From upgrading home furnishings to preparing for winter recreation, Canadians are planning ahead for a winter that will likely bring a lot of time at home.
With the weather heating up and people staying home, Canadians got creative with where their money was going over the summer.
