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Study: Lockout hits Canadian merchants near arenas

Updated: December 4, 2012, 4:58 PM ET
Associated Press

TORONTO -- Canadian businesses near NHL arenas are taking a hit because of the lockout.

According to a leading credit and debit card processor, spending is down more than 11 percent from a year ago on game day.

The report by Moneris found that business is off nearly 35 percent for bars near arenas in Winnipeg, Vancouver, Toronto, Montreal and Calgary. Moneris surveyed the game-day spending of about 750 of its customers in the hockey host cities.

Restaurants are taking a nearly ...

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