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Canadian Chamber of Commerce launches new Local Spending Tracker

Canadian Chamber of Commerce launches new Local Spending Tracker

The Chamber's Chief Economist joined BNN Bloomberg to discuss the Business Data Lab’s newest tool, the Local Spending Tracker.

The Canadian Chamber of Commerce’s Chief Economist, Stephen Tapp, joined BNN Bloomberg on May 29, 2023 to discuss the Business Data Lab’s newest tool, the Local Spending Tracker. This new data tracker was designed to empower Canadian businesses by providing timely and granular insights into consumer spending patterns across the country.

In this interview, Mr. Tapp particularly discusses one of main takeaways from recent data: real per capita spending growth is falling in seven of Canada’s ten biggest cities. He notes that Ontario and much of western Canada are witnessing slower spending relative to Atlantic Canada.

Watch the full interview here.

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