Consumer Spending Rises, But Uncertainty Is Draining Confidence
This month, we consider the results of the Index of Consumer Spending for March 2025.
How have the different provinces fared this month? What was the impact of the interplay of employee wage changes, interest rate cuts, and the trade war on consumer behaviour? We share our outlook for consumer spending in the months ahead, amid the uncertainty of the impact of tariffs on the Canadian labour market and consumer confidence.
Read the online experience to get our full analysis.


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