This year’s data from Moneris shows how Canadians shopped smarter, seized the moment, and made their holiday dollars count during Black Friday and Cyber Monday
Read MoreA 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.
Moneris breaks down the numbers to understand the economic impact of the Total Solar Eclipse in Niagara and Hamilton in Canada.
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 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 “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%.
