Canadians spending on travel and services but cutting back on restaurants, goods: RBC

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Consumer spending is one of several economic data points that has remained resilient despite persistent inflation and rising interest rates

The unemployment rate held steady for the fourth straight month, while average wage growth remained strong at 5.3%.MOSCOW — The ruble fell against the U.S. dollar in Thursday trading to the value it held just before Russia sent troops into Ukraine more than a year ago. The rate of 81.375 to the dollar at the end of the day continued a slow but steady decline that began in mid-January.

The rAccording to IPSOS polling conducted exclusively for Global News, even though housing prices have seen a bit of a dip across Canada in the past year, 6 in 10 Canadians who don't own a home have completely given up on buying one while 7 in 10 say owning a home is now only for the rich.Two Native Hawaiian men sentenced to prison for a hate crime in the brutal beating of a white man have agreed to pay more than $25,000 in restitution, according to court documents. A U.S.

 

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