Consumer spending to soften in second half of 2023: Canadian Chamber of Commerce - BNN Bloomberg

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Consumer spending to soften in second half of 2023: Canadian Chamber of Commerce - BNN Bloomberg
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While consumer spending remained strong in the second quarter, it turned a corner after the Bank of Canada ended its pause on interest rate hikes, the Canadian Chamber of Commerce said.

Bank of Canada delivers growth and security to retirement portfoliosNorthwest Territories to increase minimum wage by nearly 5.

6 per centDebt, savings worries up as higher interest rates and costs take a toll: surveysCanada Post, TD end MyMoney loan program after less than a yearGovernment benefits helped lower-income households afford rising cost of living: PBOInterest rate shock won't hit fixed-rate mortgage borrowers until 2025, expert saysInterest rates could come down when economic slowdown happens, strategist saysCanadians say higher rates are crimping their personal spendingBank of Canada rate hike a...

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