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.
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.
While North America’s very first chamber group was founded in 1750, Halifax, the Canadian Chamber of Commerce (as it is known today) was founded in 1925 by a group of like-minded business leaders in Winnipeg.
The “Big Game” is a highly anticipated event for the food and beverage industry. Moneris spending data shows that spending is up across the sector, including an increase of 30% at bars, compared to the same event last year.
Let’s look at some Moneris data to understand the consumer spending trends this Valentine’s Day.
Higher Interest Rates Have Induced a Change in Consumer Spending Behaviour
Al's conversation with Sohaib Shahid Director, Economic Innovation, The Conference Board of Canada
Many fans across Canada either tuned in at home or turned out to celebrate at bars and restaurants. Moneris Data shows that for all of Canada, bar and restaurant spend was up over 10%.
As part of our latest partnership with the Retail Council of Canada (RCC) we are pleased to present this excerpt of their latest retail sentiment report, which has been Powered by Moneris® Data Services.
The Conference Board of Canada has provided trusted research to inform solutions to the country’s toughest problems for 70 years now, so leaders can make decisions based on evidence, helping to build a stronger future.
