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- In its 2022 Holiday Retail Outlook, Deloitte Canada says overall holiday spending is expected to fall 17 per cent to $1,520 per household as recessionary concerns and higher interest rates rein in budgets. It says Canadians are also planning to shop early and hunt for deals in a bid to stretch their spending power.
Nov 11, 2024 · 1 / 1. Advertisement. 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 ...
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...
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.
- mthibeault@deloitte.ca
- Manager, Public Relations
Dec 6, 2022 · A new poll by the Angus Reid Institute says more than half of Canadians – 56 per cent – say they will be spending less on Christmas, including presents and entertaining.
Dec 5, 2023 · With rising costs and cutbacks comes a greater degree of stress and mental anguish. 44% of Canadians said they were more stressed about buying holiday gifts this year compared to 2022. Among Canadians aged 18-34, the number feeling stress jumps to 55%.
Oct 18, 2022 · A new report says holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty looms. In its 2022 Holiday Retail Outlook,...
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Oct 18, 2022 · A new report says holiday spending in Canada is expected to drop this year as inflation shrinks consumer buying power and economic uncertainty looms.
