Canada’s Consumer Heads Into 2026 on Firmer Footing
PositiveFinancial Markets

- Canada’s consumer market is entering 2026 on a stronger footing, having improved significantly by the end of 2025. This positive shift comes despite earlier concerns regarding a potential trade war and other macroeconomic challenges that had previously dampened consumer spending.
- The enhanced consumer confidence is crucial for the Canadian economy, as it indicates a rebound in spending habits, which can drive growth in various sectors, including retail and services, thereby supporting overall economic stability.
- This development aligns with recent trends showing a decline in the unemployment rate to 6.5%, alongside a notable increase in hiring and part-time job opportunities. Furthermore, the construction sector is witnessing growth, as evidenced by a 9.4% rise in housing starts, reflecting a broader recovery in the economy.
— via World Pulse Now AI Editorial System