2025 WACC and AFUDC Rates NSUARB IR-5 Attachment 3 Page 10 of 12
p. pp. 29-30
2025 WACC and AFUDC Rates NSUARB IR-5 Attachment 3 Page 10 of 12 Chart 3: Services consumption has recovered (L), but is further below its pre-pandemic trend than goods (R) Source: Statistics Canada, CIBC pre-pandemic trend (Chart 3, left)...
AI summary The text discusses post-pandemic economic recovery in Canada, noting slower services consumption recovery compared to goods, potential structural shifts from remote work, and cautious consumer behavior. It contrasts Canadian household spending with the US, highlights reduced credit usage, and challenges the Bank of Canada's view of 'excessive demand.'