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
Consumer Spend Trend: The Big Game Brings Spending Increase of 30% at Bars
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.
Consumer Spend Trend: Valentine's Day floral spending up 400% year over year, Moneris finds
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
Higher Interest Rates Have Induced a Change in Consumer Spending Behaviour
Consumer Spend Trend: Mountain Destinations Pre and During COVID
Mountain destinations in Canada have seen some strong recovery post COVID. With things slowly getting back to normal or adapting to the ‘new normal,’ travel is picking up pace.
Al Speaks with the Toronto Region Board of Trade (TRBOT)
Al Grego sits down with Marcy Burchfield, VP Economic Blueprint Institute (EBI) at the Toronto Region Board of Trade.
Data Stories from Black Friday and Cyber Monday 2021
Black Friday and Cyber Monday have come and gone again, and we’re taking a look back at spending numbers from across the country.
Whatever you make, let's make it together - in‑store, online and on-the-go.
Explore OffersData Stories from Giving Tuesday 2021
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.
Ringing in the new year with new sales: resolutions to take you well into 2022
The new year brings a lot of excitement, with many fresh ways to rejig your approach and expand your business.
Summer Spending Was a Bright Spot for Many Across Canada
From bowling alleys to movie theatres, many businesses that help us have fun saw a big boost in sales.
Data Stories from Stage 3 of Alberta’s Reopening
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.