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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 weekly year-on-year changes in consumer spending, enabling us to gauge economic activity levels across the country.
This month, we examine the largely positive changes in index scores in almost all regions of the country. How has the ICS been affected by the changes in employment? And what is the impact on consumer confidence on spending in the various regions? We share our findings for the week of June 25 to the week of July 16, considering the situation in each province and territory.
Read the online experience to get our full analysis.
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