Canadian pride drives an increase in the Index of Consumer Spending during the second quarter of 2025
Exclusive commentary from the Index of Consumer Spending presents how Canadians chose to spend in the second quarter of 2025.
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The Index of Consumer Spending surges in the second quarter of 2024
ICS surged in the second quarter on the back of a long-awaited interest rate cut and strong population and employment growth.
RCC Insights- Consumers have pulled back into what one retailer has described publicly as a "discretionary recession"
The following commentary is an excerpt of the report covering the period of December 2023-February 2024.
ICS follows similar seasonal trends in Q1 2024 but averages higher year-over-year
A weakening labour market is expected to apply downward pressure on consumer spending
The Shifting Spend Priorities of Canadian Consumers 2023
In partnership with Moneris® Data Services, the Angus Reid Group conducted an online survey among a representative sample of n=1,508 adult Canadians.
Household spending diminishes, ending consecutive quarters of moderation
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.
RCC Canadians Continue to Spend Their Hard-earned Dollars on Various Goods and Services
This Spring 2023 report is our first edition where retailers do not have to report unusual COVID-era year-over-year numbers and parse out the signal from the noise or compare to extraordinary pandemic shopping numbers.
Households remain resilient but for how much longer?
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.
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: 2022 FIFA World Cup Finals Was a Win For Bars in 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%.