Statistics Canada has released data from its 2009 Survey of Household Spending, and the numbers are getting a lot of play in the news.
“Average household spending in Canada declined 0.3% to $71,120 in 2009, following the economic slowdown that began in the fall of 2008. This was the first decline since the annual Survey of Household Spending was introduced in 1997.” – The Daily, Statistics Canada
This decline is being reported by many media outlets. If you’re interested in reading more, here are a few, select links to stories: