Understanding Payment Processing: A Guide
Discover what payment processing is with Moneris. Learn how it empowers businesses and enhances customer transactions. Read more for insights.
Read MoreDiscover what payment processing is with Moneris. Learn how it empowers businesses and enhances customer transactions. Read more for insights.
Read MoreAs 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.
There was a moderate increase at restaurants with the return of indoor dining but tourist attractions, recreational sports leagues, and gyms were where Ontarians spent the most money.
Step 2 of Ontario’s reopening plan kicked off on June 30, 2021 leading to line-ups for haircuts and a rise in spending on local travel and entertainment categories for the long weekend.
The Calgary Stampede corresponded with easing restrictions across the province that helped everyone from retailers to restaurant owners take advantage of the crowds, resulting in some positive spend trends.
The Montreal Canadiens may not have brought home the cup, but that didn’t stop fans from filling theirs at their favourite watering holes across the province as they cheered on their Habs.
From amusement park fun to the return of travel plans, Canadian shoppers and business owners both had something to celebrate during this reopening weekend.
As Quebec began its first retail reopening phase on June 7, Quebecers resumed their consumption habits with their favorite local businesses.
When the province entered Phase 1 of its reopening plan on June 11, 2021, Ontarians spent the weekend dining at patios, attending outdoor fitness classes, shopping at non-essential retailers, and making trips to wine country and cottage country.