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.
Read MoreThe following commentary is an excerpt of the report covering the period of December 2023-February 2024.
Read MoreThe “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
Get a high-level look at Giving Tuesday numbers in Canada over the years and see what kind of impact COVID might have on how we give in the future.
From bowling alleys to movie theatres, many businesses that help us have fun saw a big boost in sales.
Step 3 of Alberta’s reopening began July 1, 2021 kicking off a long weekend of spending on local travel throughout the province compared to the week before.
Step 3 of British Columbia’s reopening began July 1, 2021 kicking off a long weekend of spending on local travel throughout the province.
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.
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.
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.