Affordability
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Lululemon sales fall in North America as consumers tighten their walletsCanadian apparel brand Lululemon reported quarterly earnings that showed sales dropped in North America as many Canadians grapple with the high cost of living.ConsumerDec 12
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‘Prices have not come down,’ says Bank of Canada after holding ratesThe Bank of Canada held its benchmark lending rate unchanged at 2.25 per cent in the final monetary policy update for 2025.EconomyDec 10
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Canadian parents may ‘underestimate’ the cost of raising a family, says RBCMost parents are surprised at just how expensive it can be to raise a family amid the high cost of living in Canada, according to the latest survey study.ConsumerDec 9
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Consumers may not be feeling as ‘rosy’ as the economy appears to beGood news indicators on inflation, the job market and economy may be overshadowing the struggles faced by many consumers as data shows not all are ready to celebrate.ConsumerNov 28
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With the high cost of living, experts warn against dipping into savingsAs Canadians grapple with the stress of the high cost of living, experts weigh in on the financial risks of withdrawing from savings to make ends meet.ConsumerNov 27
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How holiday spending plans could reflect a divided ‘K-shaped’ economyHoliday shopping amid inflation and tariffs means many Canadians expect to take on more debt in what one retail analyst says demonstrates concerns about a 'K-shaped economy.'ConsumerNov 25
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Canadians say they’ll spend less, shop earlier for the holidays: BMOTariffs and price concerns were cited as the main reasons Canadians are changing their holiday shopping plans this year.ConsumerNov 14
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Canadians are delaying long-term goals to keep up with cost of living: dataCanadians say it's getting more challenging to save for the future because of the economy and high cost of living, according to new survey data.ConsumerOct 30
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Income gap is at ‘record high’ amid weakening economy, StatCan saysCanada's income divide remains at record high levels, according to Statistics Canada, which adds that the top 20 per cent hold the majority of household net worth in Canada.MoneyOct 9
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Canadian consumers are buying less, including on credit cards, data showsCanadians are also spending less money using their credit cards, another report by J.D. Power and Associates released on Tuesday showed.CanadaSep 18
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