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Douglas Porter

Retail sector GDP on the rise in November: Statistics Canada

Mario Toneguzzi -
Food and beverage retailers (+2.5%) rebounded in November, reflecting higher beer, wine and liquor retailing activity, following the conclusion of a work action in British Columbia on October 26 that had disrupted activity since September 2.

Consumer prices on the rise: Statistics Canada

Mario Toneguzzi -
Year-over-year grocery price inflation has generally trended upward since its most recent low in April 2024 (+1.4%), says Statistics Canada.

Canadians are spending within their own backyard: Moneris Interprovincial spend data

Mario Toneguzzi -
Local businesses have reaped the benefits nationwide, said Moneris.
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