How holiday spending plans could reflect a divided ‘K-shaped’ economy

• Amid rising inflation and tariffs, many Canadians are anticipating increased holiday spending, which may lead to higher debt levels, according to a retail analyst. This trend is indicative of a broader economic concern characterized as a 'K-shaped economy,' where different segments of the population experience divergent economic outcomes.
• The expectation of increased debt during the holiday season highlights the financial strain many Canadians are facing, raising questions about consumer confidence and economic stability. This situation could have significant implications for retail performance and overall economic health in Canada.

— via World Pulse Now AI Editorial System