Canadians to keep pinching pennies amidst high cost of living in 2025, retail analyst says | Globalnews.ca

By Global News   |   2 months ago
Canadians to keep pinching pennies amidst high cost of living in 2025, retail analyst says  | Globalnews.ca

Canadian consumers are expected to remain cautious in spending due to political uncertainty, interest rates, and unemployment. Retail analyst Bruce Winder predicts a shift towards buying essentials and thrifty items, with a focus on stores like Dollarama. The recent resignation of Prime Minister Trudeau may improve consumer confidence.

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