Canadian consumer spending up 4.77 per cent in the third quarter of 2016

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TORONTO, Oct. 20, 2016 /CNW/ – Consumer spending in Canada grew by 4.77 per cent in the third quarter of 2016 on a year-over-year basis, according to the MonerisMetrics Quarterly Report released by Moneris Solutions Corporation (“Moneris”), one of North America’s largest processors of debit and credit payments. The third quarter of 2015 saw an increase of 6.68 per cent relative to the third quarter of 2014.

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