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Read MoreICS surged in the second quarter on the back of a long-awaited interest rate cut and strong population and employment growth.
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The following commentary is an excerpt of the report covering the period of December 2023-February 2024.
Moneris Data Services took a deep dive into consumer spending data during the Big Race, unlocking key insights into the event's economic impact.
A weakening labour market is expected to apply downward pressure on consumer spending
The following commentary is an excerpt of the report covering the period of December 2023-February 2024.
The Moneris Event Impact Analysis Report offers unparalleled insights into the economic footprint of events.
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.
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.
Canada’s retail industry is expected to experience pre-pandemic spending levels, Moneris Data Predicts.
