Canada

The United States-Mexico-Canada Agreement (USMCA) is the new trade agreement between the US, Mexico and Canada. The new trade deal is expected to supersede the North American Free Trade Agreement (NAFTA). This briefing analyses USMCA’s impact on the ...

Card payment transactions continued to see growth in both current value and volume terms in 2019, with credit cards seeing a particularly strong performance. Credit cards and debit cards account for by far the highest sales in card payments in ...

Credit cards continued to see strong current value and volume growth in Canada in 2019, with personal credit cards seeing much higher growth in transaction volumes than commercial credit cards, but commercial credit cards seeing higher current value ...

Debit cards continued to see strong current value and volume growth in Canada in 2019, with personal debit cards seeing a slightly stronger performance than commercial debit cards. Debit card penetration in Canada is already high, with the average ...

Charge cards continued to see current value and volume growth in Canada in 2019, with personal charge cards seeing higher growth in transaction volumes than commercial charge cards, but commercial charge cards seeing higher current value growth. ...

Retailers view store cards as a valuable way to engender loyalty and build customer relationships through exclusive offers. In addition, store cards are a less expensive payment method, as retailers can negotiate a merchant discount with acquirers. ...

Pre-paid cards recorded a strong performance in 2019, and this is expected to continue over the forecast period; albeit remaining a much smaller category within financial cards than debit and credit cards. Traditionally, pre-paid cards were largely ...

There have been growing environmental concerns over coffee pods, both from consumers and government regulatory forces, which resulted in major changes in 2018. Keurig Canada Inc made all its K-cups recyclable by upgrading the plastic type from grade ...

Rigid plastic packaging, mainly in the form of PET bottles, accounts for almost half of packaging volume in soft drinks. This strong position is due to the many benefits and attractive features this type of packaging offers to manufacturers, ...

Canadian packaging trends continue to be dominated by greater demand for products that could be used for multiple consumption occasions and that also fit widespread concerns about recycling and sustainability. In packaged food, beauty and personal ...

In 2019, overall consumer demand for consumer lending softened due to higher interest rates. The BoC (Bank of Canada) raised the benchmark interest rate five times to from mid-2017, to reach 1.75%, which was the highest rate since 2008. This led auto...

Consumer lending continued to see solid current value growth in 2019, thanks to steady economic growth in Canada, supported by a strong increase for card lending in particular. Canadian consumers are carrying more debt, with household debt well above...

Population ageing and the growing willingness of Canadians to self-medicate for minor aches and pains continued to drive the expansion of the analgesics category in 2019. Demand for analgesics was further bolstered by the fact that Canadians are ...

Combination products was the most dynamic category within cough, cold and allergy (hay fever) remedies in current value growth terms in 2019, and looks set to continue performing strongly over the forecast period. Consumer appreciation for the ...

Haemorrhoid treatments posted the fastest growth in current value sales of any dermatologicals category in 2019, and is projected to remain the most dynamic performer in this respect over the forecast period. The Canadian Digestive Health Foundation ...

As is the case with vitamins, population ageing will remain a key driver of demand for dietary supplements over the forecast period. In particular, this demographic trend should strengthen interest in protein supplements, probiotic supplements and ...

Canada’s population is ageing, with the number of people in the country aged over 65 years old expected to continue growing at a substantial rate throughout the forecast period. This demographic trend will help to maintain steady demand for digestive...

In line with the growing use of smartphones, laptops and similar devices for work and recreational purposes, the incidence of conditions such as dry eye syndrome and digital eye strain is on the rise in Canada. According to the Canadian National ...

In addition to rising health-consciousness among Canadians generally, growth in the number of immigrants from countries with strong herbal medicine cultures will remain a key driver of demand for herbal/traditional products over the forecast period. ...

In keeping with the mixed results witnessed over 2018-2019, NRT smoking cessation aids is expected to record a slight decline in volume sales over the forecast period, while current value sales growth is projected to be relatively modest. The ...