News
Consumer prices continue to rise: Statistics Canada
2+ day, 12+ hour ago (204+ words) The Consumer Price Index (CPI) increased3. 2% year over year in May, up from a2. 8% gain in April, reported Statistics Canada on Monday. Higher prices for gasoline continued to drive the acceleration in the headline CPIin May. However, excluding gasoline, the CPIstill rose…...
Retail sales jump to $72. 7 billion in March: Statistics Canada
1+ mon, 2+ day ago (300+ words) Retail sales increased0. 9% to $72. 7billion in March. Sales increased in four of nine subsectors, led by gasoline stations and fuel vendors but core retail sales, which exclude gasoline stations and fuel vendors and motor vehicle and parts dealers, were down0. 1% in March, according…...
Cashew Research Reveals Millennial Shopping Trends
1+ mon, 1+ week ago (17+ words) Explore the impact of Cashew on Millennial grocery shopping habits amid rising food prices and inflationary pressures....
Canadian GDP rises slightly in February: Statistics Canada
1+ mon, 3+ week ago (16+ words) Statistics Canada reports a 0. 2% increase in GDP for February, driven primarily by goods-producing industries....
Canadian Spending Holds Steady as Consumers Shift Priorities
2+ mon, 1+ week ago (741+ words) New data from Moneris suggests that Canadian consumers are not pulling back from spending altogether, but are becoming more deliberate in how and where they spend. Transaction data from the first quarter of 2026 shows a market that is stable on…...
Canadian Spending Intentions Weaken as Consumer Pressures Build
2+ mon, 1+ week ago (796+ words) Canadian spending intentions weakened in April 2026, reflecting growing pressure on households as economic uncertainty and rising costs begin to weigh more heavily on consumer behaviour. A new survey from Stifel, led by Managing Director Martin Landry, shows that while consumers…...
Canadians experiencing "financial whiplash" as economic uncertainty persists: MNP
2+ mon, 1+ week ago (281+ words) Against this backdrop, 73% say they are cutting back on spending, and 84% are more cautious about taking on new debt, as ongoing cost pressures and uncertainty drive conservative financial decision-making, said MNP. These pressures are also shaping how Canadians view their…...
Canadian cardholder spending warms up despite discretionary goods pullback: RBC
3+ mon, 1+ week ago (291+ words) Mario Toneguzzi, based in Calgary, has more than 40 years experience as a daily newspaper writer, columnist, and editor. He worked for 35 years at the Calgary Herald covering sports, crime, politics, health, faith, city and breaking news, and business. He is…...
Bank of Canada holds interest rates as Middle East conflict fuels oil-driven inflation risks and weak growth outlook
3+ mon, 5+ day ago (346+ words) The Bank of Canada's decision to hold rates reflects a delicate balancing act between rising inflation pressures driven by global conflict and a weakening domestic economy, says CPA Canada's chief economist David-Alexandre Brassard. "Inflation was trending in the right direction…...
Small business confidence loses momentum amid rising energy costs: CFIB
3+ mon, 5+ day ago (369+ words) The long-term small business confidence index lost 9. 5 points, dropping to 55. 8 points in March, finds the March Business Barometer released Thursday by the Canadian Federation of Independent Business (CFIB). Measured on a scale between 0 and 100, an index above 50 means owners expecting…...