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Consumer spending set to perk up: CIBC

As certain household cost pressures ease and equity markets bolster incomes, discretionary consumer spending is set to pick up in 2027, according to economists at CIBC World Markets Inc. In a report published Tuesday, the economists examine the prospects for the Canadian consumer to provide a stronger contribution to economic growth in the year ahead, as factors that have weighed on discretionary spending — such as inflation, mortgages renewing …
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Investment Executive broke the news on Tuesday, August 11, 2026.
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