Canadian Consumer Spending Rises for Third Straight Month
Shoppers browse food products at the Granville Island Public Market in Vancouver.
Photographer: Isabella Falsetti/BloombergCanadian consumer spending rebounded during the first quarter even as US tariffs and geopolitical tensions loomed over the economy.
An advance estimate suggests retail sales increased 0.6% in March following a 0.7% gain in February, Statistics Canada reported on Friday. That would mark the first time retail sales rose for three consecutive months since 2023.