consumer spending Archives - Mortgage Rates & Mortgage Broker News in Canada

Dip in February retail sales strengthens case for another BoC rate cut

April 25, 2025 No Comments

A second straight monthly decline in Canadian retail sales is adding to expectations that the Bank of Canada will ease interest rates in June.

Canadians cutting spending, delaying purchases amid tariff turmoil: MNP survey

April 14, 2025 No Comments

A survey from insolvency firm MNP Ltd. suggests Canadians’ outlook for their personal finances has brightened even as they’ve taken steps to cut their expenses amid economic turmoil.

Stronger-than-expected retail sales could delay Bank of Canada rate cuts

February 21, 2025 No Comments

A surge in retail sales in December has added to the likelihood that the Bank of Canada will pause its rate cuts in March.

Canadian consumers are more resilient than retail report suggests: Scotiabank

January 23, 2025 No Comments

Although retail sales were flat in November, Canadian consumers have shown greater resilience than many credit them for, according to Scotiabank’s analysis.

Mortgage Digest: CREA updates 2025 forecast with higher sales and price growth

January 16, 2025 No Comments

A regular review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

Retail sales in Canada see modest gains in Q3, but too soon to celebrate, economists say

November 22, 2024 No Comments

Retail sales in Canada increased 0.4% to $66.9 billion in September, contributing to a 0.9% growth for the third quarter, Statistics Canada reported.

Consumer spending cools in Q2 as retail sales drop 1.8%

August 23, 2024 No Comments

The latest pullback in Canadian retail sales leaves the door open for another Bank of Canada rate cut on September 4.

Mortgage Digest: Canadians putting the brakes on spending

August 11, 2024 No Comments

A weekly review of the latest mortgage and real estate news, a recap of key headlines, and a preview of upcoming economic releases.

consumer spending