GFM Network News

person choosing meat in a grocery store

Consumers are richer, but their diets likely won’t be

Consumers will have more cash to spend, 
but very little will go towards bumping up 
their food spending

Reading Time: < 1 minute Consumers are starting the year with a little more jingle in their jeans thanks to the drop in oil prices. “About six or seven per cent of people’s spending in a year is just on gasoline,” said Michael Burt, director of industrial economic trends with the Conference Board of Canada. “If you’re suddenly giving people […] Read more