Canadians spending less and using cash less frequently, says new CFIB data

Not only have Canadian consumers been spending less during the COVID-19 pandemic, how we're spending has also changed, according to new data from the Canadian Federation of Independent Business. The data shows payment methods are shifting away from cash toward credit and debit card use, with one-in-three small business owners surveyed saying they processed more purchases on credit cards, one-in-four reporting more payments with debit cards, and 38 per cent saying they have decreased their use of