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Nov 16, 2023 · Half of Canadians (51 per cent) who holiday shopped in 2022 incurred credit card debt, NerdWallet’s annual survey published last week revealed. One in four, or 25 per cent, still have not paid ...
Nov 11, 2024 · The Bank of Montreal’s Real Financial Progress Index shows 79 per cent of Canadians are cutting back on holiday spending this year. It also says more than half are feeling financial anxiety over ...
Oct 17, 2023 · However, this decrease in spending is smaller than in the United States where a separate Deloitte survey found intention to cut 14% from holiday spending. But even Canadians’ decreased gifting will require some tightening of budgets with a quarter of respondents planning to delay travel plans and a similar share reducing grocery spending to pay for gifts.
Oct 18, 2022 · According to Deloitte Canada’s 2022 Holiday Retail Outlook, four in ten Canadians have seen their household finances worsen this year. Consumers are cycling between cautious optimism and concern, and plan to reduce their holiday spending significantly compared to last year. “In 2021, consumers were looking for a reason to celebrate as ...
- mthibeault@deloitte.ca
- Manager, Public Relations
Dec 5, 2023 · A recent Angus Reid survey conducted for Vancouver-based fintech Spring Financial found that inflation and the rising cost of living has wreaked havoc on Canadians’ holiday spending plans. 58% of respondents said they were worried about money and finances. 76% said they are more likely to reduce their holiday spending budget due to rising living costs. 38% said they would not be able to ...
Oct 24, 2024 · A recent survey found that a majority of Canadians plan to drastically cut back on spending this holiday season. According to the latest Bank of Montreal (BMO) Real Financial Progress Index, 79 per cent of Canadians polled indicated they would limit how they spend, with 54 per cent saying thinking about holiday spending causes financial anxiety.
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Sep 14, 2022 · September 14, 2022. A lot of Canadians are looking to increase their holiday shopping spend this year – but only slight more than those who are planning to cut back, according to the latest global MiQ insights. MiQ polled over 9,000 consumers in 10 markets, including Canada. Globally, an average of 46% of consumer plan to increase their ...
