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Why some Canadians are cutting back on expenses to spend big on 'lavish' vacations

According to new data from the Royal Bank of Canada's spending tracker, Canadians are cutting back their spending on discretionary goods like clothes and restaurants, but spending on non-essential services โ€” especially travel โ€” remained strong.
United States Tandy Thomas Jennifer Anchan Queen University Smith School Of Business Narrative Research Royal Bank
Source: cbc.ca

Toys will be 'shining star' of lacklustre holiday shopping season: experts

It's the most resilient holiday spending category: Toys. But even toy stores are expected to feel the fallout from inflation during the biggest shopping season of the year. "Holiday spending is going to be muted," retail analyst Bruce Winder said.
Bruce Winder Marty Weintraub Brett Bundale Tamara Szames Tandy Thomas Smith School Of Business At Queen University

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