Sunny skies for consumers should be good for business
The blue skies of summer appear to reflect the sunny disposition of spenders, according to July’s Consumer Confidence Index.
The Conference Board of Canada reported an increase of 5.5 points over the previous month. The long range outlook was more moderate, though it seems a majority of Canadians are hopeful that better economic times are ahead.
In BC, consumers were buoyed by the provincial benefits handed out to more than two million people. The climate tax credit and increased family benefit helped individuals facing higher costs due to inflation.
“We encourage everyone who has been helped by these benefits to remember the importance of helping local business,” Chamber CEO Bruce Williams said. “Investment in the economy works by supporting the people in our community who provide the goods and services we all rely on.”
The Conference Board of Canada reported an increase of 5.5 points over the previous month. The long range outlook was more moderate, though it seems a majority of Canadians are hopeful that better economic times are ahead.
In BC, consumers were buoyed by the provincial benefits handed out to more than two million people. The climate tax credit and increased family benefit helped individuals facing higher costs due to inflation.
“We encourage everyone who has been helped by these benefits to remember the importance of helping local business,” Chamber CEO Bruce Williams said. “Investment in the economy works by supporting the people in our community who provide the goods and services we all rely on.”
