logo
welcome
Global News

Global News

Business

Business & Economics

Did Canada’s tax ‘holiday’ boost spending? Data shows little growth - National | Globalnews.ca

Global News
Summary
Nutrition label

72% Informative

Moneris looked into spending patterns between Dec. 14, 2024 , when the tax “holiday” began and Jan. 15 .

Comparing the data to the same period in 2023-24 , the payment processing firm found no year-over-year increases in spending.

The data showed overall spending was down by four per cent , with the transaction count down by one per cent and the transaction size down by three per cent .

VR Score

77

Informative language

78

Neutral language

77

Article tone

informal

Language

English

Language complexity

50

Offensive language

not offensive

Hate speech

not hateful

Attention-grabbing headline

not detected

Known propaganda techniques

not detected

Time-value

short-lived

External references

no external sources

Source diversity

no sources

Affiliate links

no affiliate links