Canada, U.S. divergence on K-shaped consumer spending cause for concern: CIBC

Canada, U.S. divergence on K-shaped consumer spending cause for concern: CIBC

CIBC Capital Markets says Canada's economy is seeing less of a K-shaped pattern in consumer spending compared to the U.S., and while that might appear to be good news, it could actually point to larger issues.

Canada, U.S. divergence on consumer spending cause for concern: CIBC

Higher spending across the board, including lower-income groups, a risk to Canada's future growth The post Canada, U.S. divergence on consumer spending cause for concern: CIBC appeared first on Investment Executive.