Canadian consumers have not reduced their spending in the face of a struggling economy, but they are are being more cautious and selective with their money, according to new transaction data from Moneris Solutions.
The payment processing company, which handles roughly one in three transactions in Canada, said total domestic spending was essentially flat year over year in the first quarter of 2026, down only 0.27 per cent, while the average transaction size rose 0.18 per cent.
The data suggest consumers are still participating in the economy but are becoming more selective ab...
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