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The Index of Consumer Spending is powered by exclusive consumer transaction data provided by Moneris Data Services. Moneris is Canada’s number one payment processor with over 3.5 billion transactions spanning more than 325,000 merchant locations. Our index tracks incremental changes in net transaction volume month-over-month from a set starting point (April 2022 = 100), enabling us to gauge economic activity levels across the country and provide insights into how the Canadian economy is performing coast to coast.
This month, we consider the Index of Consumer Spending for November and December 2024.
How much did consumers spend in the holiday season? Which provinces and territories were the biggest spenders and which ones tightened their purse strings? We share our outlook for consumer spending in 2025, taking into account the labour market, interest rates, and the incoming Trump administration
Read the online experience to get our full analysis.
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