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Canada’s consumer story isn’t a big spender tale: TD Bank report

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

Statistics Canada reports August retail growth

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

Gen Z entrepreneurs eye e-commerce amid challenges, TD survey finds

Mario Toneguzzi -
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
News

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.
Quick Reads

Consumers regained their spending mojo, but tariffs cloud 2025: TD

Mario Toneguzzi -
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.
Quick Reads

Half of Canadians foresee inflation, cost of living as biggest financial challenge in 2025: TD

Mario Toneguzzi -
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).
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