The Canadian Grand Prix is nothing short of a festival for attendees. From decorated patios to pop-up shops on the streets, the city of Montréal really kicked into gear.

Gasoline prices have skyrocketed in the last couple of months and refuse to go down, peaking at over $1.80 per litre in early March. But how did this increase impact consumer spending?

Data can be very useful in making business decisions and finding out ways to make your organization work more efficiently.

If you’re a merchant who is heavily dependent on tourism and foreign spending, here are some positive trends we’re seeing across different industries.

One year after the COVID pandemic began, total spending volumes began to recover beyond pre-pandemic levels, alongside key industries including restaurants, retail, and travel.

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.

The City was seeking consumer location and spending data to help them gain greater insights surrounding the impact of the pandemic and reached out to Moneris to help fill the gap.