RCC Insights- Merchants Reported a Solid December, a Weak January, and an Improving February
The following commentary is an excerpt of the report covering the period of December 2023-February 2024.
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Insights and Trends
Starry-Eyed Spending: The 2024 Total Eclipse doubles consumer spending in Niagara Falls and Hamilton
Moneris breaks down the numbers to understand the economic impact of the Total Solar Eclipse in Niagara and Hamilton in Canada.
Introducing a Better Way to Understand the Economic Impact of Your Event
The Moneris Event Impact Analysis Report offers unparalleled insights into the economic footprint of events.
Household Spending Edges Lower in the Final Quarter of 2023
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.
RCC- Highlights from September 2023 through November 2023
As retailers turn their minds to 2024, almost all retailers were flat-to-up in terms of Year-Over-Year sales, encouraged by the estimated $ 30 billion in spending by the 1.5 million new Canadians as they get settled across Canada.
Holiday Spend Trend 2023: Retail in Canada to Experience Pre-Pandemic Spending Levels, Moneris Data Predicts
Canada’s retail industry is expected to experience pre-pandemic spending levels, Moneris Data Predicts.
Household spending slightly improved but is still well below where it was the same time last year
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.
Whatever you make, let's make it together - in‑store, online and on-the-go.
Explore OffersThe Shifting Spend Priorities of Canadian Consumers 2023- RCC input, Retail Conditions (June-September)
Retail 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.
The Shifting Spend Priorities of Canadian Consumers 2023
In partnership with Moneris® Data Services, the Angus Reid Group conducted an online survey among a representative sample of n=1,508 adult Canadians.
Moneris + Canadian Chamber of Commerce
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.
Riders in Toronto Can Now Tap Their Credit and Debit Cards to pay on the TTC
Starting August 15, you can tap your credit cards, debit cards, or digital wallets to access the TTC (Toronto Transit Commission). Yes, you heard that right!