consumer spending

Early signs of stress for household finances: CIBC

Economic Indicators

Early signs of stress for household finances: CIBC

Financial pressure likely to intensify as mortgages reprice in years ahead

By James Langton | August 9, 2023

2 min read

U.S. consumer confidence jumps to a two-year high as inflation eases

Economic Indicators

U.S. consumer confidence jumps to a two-year high as inflation eases

The index fell from mid-2021 to mid-2022 as surging prices ate into household budgets

By Paul Wiseman, The Associated Press | July 25, 2023

2 min read

Statistics Canada says retail sales up 0.2% to $66 billion in May

Economic Indicators

Statistics Canada says retail sales up 0.2% to $66 billion in May

Economists expect spending to slow in the second half

By Craig Wong, The Canadian Press | July 21, 2023

2 min read

Do the math before using credit card loyalty points toward mortgages

Industry

Do the math before using credit card loyalty points toward mortgages

At RBC, one-quarter of customers use points for mortgage, credit card payments

By Tara Deschamps, The Canadian Press | June 29, 2023

3 min read