Australian beef imports may help keep Canadians buying beef as domestic prices remain high, preserving long-term demand while Canada's cattle industry rebuilds.
EY identified five consumer segments that are likely to emerge post-pandemic, ranging from pessimism to extravagance in months ahead. Businesses, including retailers, will have to adapt and innovate as a result.
A study by Field Agent finds that most Canadians are holding off on making major purchases at a challenging time for finances, which as a result will hit sectors of the economy.