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CoStar Insight

Short‑term spending may be masking long‑term retail risk

So-called doom spending has buoyed sales, but it is not a durable source of demand
Retail spending has proven resilient across Toronto. (Marcus Oleniuk/CoStar)
Retail spending has proven resilient across Toronto. (Marcus Oleniuk/CoStar)
CoStar Analytics
April 27, 2026 | 12:13 P.M.

Retail spending across Toronto has remained surprisingly resilient despite a clear deterioration in economic conditions.

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