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Nov 14, 2024 · Holiday budgets are on the rise as Canadians plan to spend 32% more than last year with an average budget of $971 dedicated to gifts and holiday goods, the most significant increase since 2019. At the same time, nearly 90% are deal seeking this season as part of their holiday shopping strategy.
Oct 16, 2024 · The 2024 Holiday Shopping Retail Outlook by Deloitte Canada found Canadians plan to spend $1,478 for the holiday season, which is 10 per cent more – or $131 more – than last year when spending ...
Nov 14, 2024 · With the holiday season fast approaching, JLL Canada has released its annual Canada’s Holiday Shopping Survey Report, revealing a remarkable shift in Canadian holiday spending for 2024. The survey, which gathered data from 1,000 Canadians, shows that holiday budgets have climbed to an average of $971—marking a 32% increase from last year and the largest budget rise since 2019.
Oct 18, 2024 · “Canadians are determined to celebrate, but they’re shopping more mindfully than ever,” says Diane J. Brisebois, President and CEO of RCC. Key Findings: Savvy Shopping on the Rise Inflation’s Impact: 71% of Canadians are adapting their shopping habits due to inflation, focusing on sales, budgeting, and earlier planning—a slight uptick from last year.
Nov 4, 2024 · The easing restrictions in 2021 encouraged many people to spend more during the holiday season. According to a survey by PwC Canada, Canadians planned to spend 29% more during the holiday season in 2021 compared to the previous year. The average amount was $1,593. This planned spending was 11% lower than before the Covid-19 pandemic.
- There are different estimates on how much Canadian holiday spending is. These estimates run from $792 to $1,841 for the 2021 holiday season.
- Most Canadians overspend during the holiday season. Only 2% of Canadians say they stick to their budget or spend less than planned.
- The statistics show that Canadian consumers prefer to shop Canadian brands, with 62% saying they want to be loyal to brands from Canada. 55% of Can...
- Millennials are likely to spend the most during the holiday season, while people from the greatest generations are likely to spend the least.
- In 2021, Canadians spent $669 on average on gifts. It was up from 2020 when Canadian gift spending was $630.
Oct 18, 2024 · With average holiday spending expected to hit $972 – up $74 (+8%) from last year – 90% of Canadians are carefully managing their budgets and actively seeking out deals amid ongoing inflation and rising costs,” said the report. “Despite inflation, 75% of Canadians plan to maintain or up their holiday budgets, driven by higher disposable ...
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Oct 18, 2024 · With average holiday spending expected to hit $972 – up $74 (+8%) from last year – 90% of Canadians are carefully managing their budgets and actively seeking out deals amid ongoing inflation ...
