Index of Consumer Spending for January 2026

Winter Storms and Trade Uncertainty Weigh on January Consumer Spending

Most provinces and territories saw their Index of Consumer Spending (ICS) scores decrease in January, with the Atlantic region leading the decline and Yukon the only region to see an increase and Nunavut experiencing the smallest decline of the three territories.

How did a major storm across the country factor into consumer spending for Canada’s provinces and territories, and which region fared the worst as a result? How does the reinstatement of the federal GST/HST impact spending totals? What other factors contributed to the decrease in this month’s ICS scores? 

Read the online experience to get our full analysis.