Canadians’ spending heated up fast this summer. Excluding autos and gasoline stations, total purchases saw the largest quarterly increase in four years despite headwinds from tariffs and a soft labour market.

What underpinned the strength in Q2? Did the increase vary across different age groups? What role did the FIFA World Cup play? And, where do we see spending heading later this year?

In this episode of The 10-Minute Take, Claire Fan sits down with economists Abbey Xu and Rachel Battaglia, co-authors of the Q2 RBC Consumer Spending Signals report, to break down the latest trends and what they mean for the Canadian economy.

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