TD

A recent TD survey found that 27% of Canadians say the economy is too uncertain to start a business and 24% are not comfortable with the financial risk involved.

Franchising can offer operational assistance such as human resources and technology support, along with brand recognition that helps create a stronger foundation for new business owners.

35% of Canadians plan to spend less this summer

Goods spending has recently been driven by necessities.

4.3% decline in sales expected this year.

The current economic climate is also influencing pillow talk, with 1 in 4 Canadians (25%) polled now prioritizing financial transparency earlier in their relationships.

The WWII Simpsons Roll of Honour has been installed at TD’s downtown Toronto museum, preserving a rare piece of Canadian retail and wartime history.

More than one in three Canadians (36%) intend to cut back on holiday expenses this season, up significantly from 32% last year.

Canada’s consumer spending outperformance in Q2 helped cushion the economy against the drag from trade tensions, says TD Bank.

Statistics Canada says a rise in retail sales for August was driven by motor vehicle dealers and various subsectors.

1 in 4 Gen Z (25%) say they would launch an e-commerce venture using platforms like Etsy or Shopify, reflecting enthusiasm in this sector

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

TD said consumer spending gained momentum toward the end of 2024, supported by lower interest rates, which boosted consumer confidence, and external factors, such as the GST relief.

The TD survey uncovered Canadians' financial priorities in 2025, with 56 per cent of those surveyed indicating a main priority was their day-to-day expenses, down 3% from last year, saving and investing for the future (47 per cent) and paying down debt (30 per cent).