Search results
Nov 4, 2024 · 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. During the 2023 holiday season, Canadians were spending even less amid rising costs of living and inflation.
- 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.
Nov 25, 2021 · Deloitte Canada’s 2021 Holiday Retail Outlook suggested spending could be even higher. The report found Canadians are expected to spend an estimated $1,841 on the holidays, an increase of 31 per ...
Oct 20, 2021 · Quebec: While fewer Quebecers report that their financial wellbeing has been impacted by the pandemic, they are also planning to spend the least this holiday, $565 vs the national average of $792, and are more likely to spend on themselves during the holiday vs the rest of Canada. Quebecers are also more likely to shop at toy and games retailers.
Oct 24, 2021 · In 2020, Canadians planned to spend $693; but in 2021, they plan to spend $792, according to the survey. And because the firm said consumers often spend more than they planned to, that figure ...
Oct 27, 2021 · Toronto, October 27, 2021 – According to Deloitte Canada’s 2021 Holiday Retail Outlook, seasonal spirit among Canadians is proving resilient. After a tough 18 months weathering the challenges of the COVID-19 pandemic, this year’s holiday outlook finds many Canadians are looking to celebrate, shop, and spoil friends and family.
Oct 21, 2021 · A Retail Council of Canada survey says shoppers are planning to spend more this holiday season and in-person despite COVID-19 forcing many transactions online.
People also ask
Why did Canadians spend more during the holiday season in 2021?
Are Canadians spending more this holiday season?
How much do Canadians spend on holiday shopping in 2021?
How much will Canadians spend in 2021?
What is Canada's holiday retail outlook for 2021?
How much do Canadians spend on the holidays?
Oct 12, 2021 · Growing signs of a demand-fuelled retail recovery on the horizon, even as Canadians prepare for a second pandemic-clouded holiday season . Canadians expect to increase their individual holiday spending by 29%, an average of $1,420; Millennials are projected to be the highest-spending generation this holiday season at $1,618
