Slowing Population Growth Will Compound Spending Weakness
Labour market turbulence due to the ongoing Canada–U.S. trade conflict continues to impact consumer spending. Consumer confidence has declined due to concern about economic conditions.
How has consumer spending changed in the third quarter and why? What are the demographic changes that will alter spending growth? How is the trade conflict impacting the labour market? How will the removal of the consumer carbon tax affect the CPI in the future? Are Canadians’ travel plans continuing to favour non-U.S. travel?
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