Toronto Star: Is Toronto hurtling toward a ‘city-cession’? New data paints a gloomy picture as consumer spending slows
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The Globe and Mail: Slumping loonie hitting differently across various industries
As the Canadian dollar slumps to near five-month lows, exporters are getting a boost while importers such as food suppliers, already battling inflation, are facing more headwinds.
The Globe and Mail: Cities’ downtown cores are hollowing out, but small towns and suburbs tell a different story
The downtowns of most major Canadian cities are still facing a substantial dip in foot traffic compared with prepandemic norms – but the opposite is true of smaller towns and suburbs within commutable distance of those cities, a new study shows.
Waterloo Region Record: Consumer spending down in Waterloo Region, economist warns of possible ‘bigger slowdown’
Compared to June, consumer spending dropped by 5.7 per cent in the region in July.