Spending under tensionThe average Canadian consumer sticks to a $172 weekly budget, how are they spending that? – Numerator survey. Bank of Canada holds interest rate at 4.5%The central bank once again held its key interest rate steady this week and bumped its growth forecast for 2023. New chocolate launches spike this Easter season Mintel reports a 19% increase of new seasonal Easter chocolate products this year, globally. Statistics Canada says retail sales up 1.4 per cent in January Convenience stores and gas stations both reported higher dollar sales. Inflation continues to slow in Canada The price of food rose by double digits compared to last year, but gasoline prices fell nearly 5%. Canadians making fewer trips to the grocery store as inflation pinches: RBC report Grocery prices grew by 11.4% compared to last year. Transport industry should embrace multiple pathways to reach net-zero 2050: CTA The Canadian Transportation Alliance examined Canada's path to net-zero emissions in their study, “Embracing Canada’s Low-Carbon On-Road Transportation Opportunity". Ipsos 2023 foodservice outlook Despite economic pressures and consumers tightening purse strings, there’s an opportunity to grow this key category. Food prices continue to climb despite overall inflation easing Prices expected to plateau. Tight labour market continues, a economy adds 150,000 jobs in January: Statistics Canada Wholesale and retail trade experienced the largest gains to employment. First Previous 9 10 11 12 13 Next Last
