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

South Africa News News

Consumer spending to soften in second half of 2023: Canadian Chamber of Commerce - BNN Bloomberg
South Africa Latest News,South Africa Headlines
  • 📰 BNNBloomberg
  • ⏱ Reading Time:
  • 26 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 14%
  • Publisher: 50%

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...

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

BNNBloomberg /  🏆 83. in CA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Strong output from Canadian consumers not enough to avoid economic slowdown – Canadian InvestorStrong output from Canadian consumers not enough to avoid economic slowdown – Canadian InvestorStrong output from Canadian consumers not enough to avoid economic slowdown CanadiansInvest
Read more »

Saskatchewan investing $13 million in rural highway projects - constructconnect.com - Journal Of CommerceSaskatchewan investing $13 million in rural highway projects - constructconnect.com - Journal Of CommerceREGINA — Rural communities in Saskatchewan are going to receive $13 million from the province for 34 different highway projects. The funding comes through the Rural Integrated Roads for Growth (RIRG) program. The program aids municipalities in constructi
Read more »

Nick Taylor's Canadian Open celebration rolls into EnglandNick Taylor's Canadian Open celebration rolls into EnglandNick Taylor\u0027s Canadian Open celebration rolls into England. Taylor makes first Open Championship start with entire family along for the ride
Read more »

Discovering Mars in the Canadian ArcticDiscovering Mars in the Canadian ArcticCassandra Marion previews the event happening at the Science and Technology Museum.
Read more »

Canadian dollar hits one-week low as inflation coolsCanadian dollar hits one-week low as inflation coolsLoonie at 75.53 U.S. cents
Read more »

Canadian arrested by U.K. police at on suspicion of membership in terrorism groupCanadian arrested by U.K. police at on suspicion of membership in terrorism groupBritish police have arrested a Canadian man on suspicion of being a member of a terrorism group.
Read more »



Render Time: 2025-02-27 07:19:58