Consumer Spending Insights
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 Spending Insights
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.
Global Insights
Moneris data reveals encouraging signs of recovery in foreign spend as the tourism industry boasts significant improvements in foreign volume and transactions.
Data Stories
Step 3 of British Columbia’s reopening began July 1, 2021 kicking off a long weekend of spending on local travel throughout the province.
Data Stories
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.
Data Stories
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.
Data Stories
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.
Tourism and Events
The Calgary Stampede corresponded with easing restrictions across the province that helped everyone from retailers to restaurant owners take advantage of the crowds, resulting in some positive spend trends.
Sports
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.
Data Stories
From amusement park fun to the return of travel plans, Canadian shoppers and business owners both had something to celebrate during this reopening weekend.
