Winners And Losers From Shifting Canadian Consumer Trends

Jul. 28, 2020 10:53 AM ET, , , , ,
TD Wealth
4.99K Followers

Summary

  • Consumer spending trends as re-openings begin.
  • Business spending lags consumers but still trending up.
  • Factors that could disrupt the rise in consumer spending.

Consumer spending trends in North America seem to have taken a turn for the better with some sectors thriving more than others. Anthony Okolie speaks with Brian DePratto, Senior Economist, TD Bank, about the rebound in consumer spending, and whether those trends are sustainable.

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TD Wealth is an integral part of the TD Bank Group, which has approximately 24 million customers worldwide, 85,000 employees and CDN $1 trillion in assets on April 30, 2015. In Canada, TD Wealth services customers through: · TD Direct Investing which provides clients access to the information, tools and support that empower them to invest for themselves with confidence. · TD Wealth Private Client Group, which provides discretionary wealth management for high net worth clients and businesses. · TD Wealth Private Investment Advice provides full service brokerage for investors who want a high level of tailored advice and solutions. · TD Wealth Financial Planning develops and implements a financial plan for individual clients. At TD Wealth, whether you invest yourself or benefit from the knowledge provided by your advisor, you gain access to some of the industry's most highly regarded investment analysts, economists and market strategists.

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