Tourism spending in Canada increase in Q2
Tourism gross domestic product (GDP) (+4.0 per cent) and jobs attributable to tourism (+1.0 per cent) also increased in the second quarter
Tourism gross domestic product (GDP) (+4.0 per cent) and jobs attributable to tourism (+1.0 per cent) also increased in the second quarter
In Alberta, prices rose more than the national average – up 0.5 per cent month over month and by 4.7 per cent year over year
Rebecca Oates, AVP of Advanced Analytics with Equifax Canada, discusses her latest research on Canadian consumer spending and concerns about an uneven K-shaped economic recovery.
Respondents expect that after vaccination, they will increase spending on a range of goods and services, especially social and recreational activities
Mario Toneguzzi’s guest on It’s Your Business: Niranjan Vivekananda, Vice-President, Term Investments & Savings, RBC, talks about the record high spending by Canadian consumers in the recent holiday season.
Mario Toneguzzi’s guest on It’s Your Business: Lesley-Anne Scorgie, author, speaker, personal finance consultant and founder of MeVest, talks about some tips for spending during this holiday season.