Close X
Wednesday, November 27, 2024
ADVT 
National

Many Canadians Plan To Spend Less On Holiday Shopping

Darpan News Desk The Canadian Press, 16 Dec, 2016 01:15 PM
    TORONTO — A survey conducted for CIBC suggests many Canadians plan to spend an average of nearly $600 on this year's holiday shopping.
     
    That's eight per cent less than last year, yet the results also indicate 51 per cent of the respondents expect to go over budget.
     
    Other key findings in the poll suggest Albertans will spend six per cent more this season at $688, while Ontarians and Quebecers cut their holiday shopping budgets by 12 per cent and 10 per cent, respectively.
     
    Despite trimming their shopping budgets by seven per cent, those in Atlantic Canada are still the country's top gift-buyers, spending $803.
     
    The survey also suggests millennials are reducing their holiday spend by 14 per cent to about $400 on average and are more apt to buy on credit.
     
    The online survey of 1,516 randomly selected Angus Reid Forum panellists was conducted from Dec. 2 to Dec. 4. The margin of error is plus or minus 2.5 per cent, 19 times out of 20.

    MORE National ARTICLES

    NDP MLA Mohinder Saran Suspended After Sexual Harassment Allegation

    NDP MLA Mohinder Saran Suspended After Sexual Harassment Allegation
    WINNIPEG — Manitoba New Democrats say a member of their caucus has been suspended from attending meetings following an allegation of verbal sexual harassment.

    NDP MLA Mohinder Saran Suspended After Sexual Harassment Allegation

    Canadian Ski Resorts Bank Optimism Based On Early Snowfall And Cheap Currency

    Canadian Ski Resorts Bank Optimism Based On Early Snowfall And Cheap Currency
    CALGARY — Early, deep snow and a cheap currency are boosting hopes for a blizzard of profits at ski destinations across Canada this year.

    Canadian Ski Resorts Bank Optimism Based On Early Snowfall And Cheap Currency

    More Canadian Women Join Top One Per Cent While Gap With Poor Grows: Report

    More Canadian Women Join Top One Per Cent While Gap With Poor Grows: Report
    MONTREAL — Statistics Canada says more women are joining the one-per-cent club but still accounted for less than one-quarter of the country's top earners in 2014.

    More Canadian Women Join Top One Per Cent While Gap With Poor Grows: Report

    Man Arrested After Attempting To Disarm Vancouver Police Officer

    Man Arrested After Attempting To Disarm Vancouver Police Officer
    Police say several 911 callers reported seeing a man pushing pedestrians at an intersection on Tuesday and that an elderly woman was shoved to the ground

    Man Arrested After Attempting To Disarm Vancouver Police Officer

    Separated Conjoined Twins Meet For First Time Since Surgery

    Separated Conjoined Twins Meet For First Time Since Surgery
    PALO ALTO, Calif. — The conjoined California twins that were separated last week following a 17-hour marathon surgery have been reunited for the first time since the operation.

    Separated Conjoined Twins Meet For First Time Since Surgery

    After 25 Years, Retiree Has No Plans To Retire Garbage Truck Santa

    After 25 Years, Retiree Has No Plans To Retire Garbage Truck Santa
    WHITEHORSE — Wayne Henderson says his Garbage Truck Santa character was inspired by a little boy when it began 25 years ago in Whitehorse.

    After 25 Years, Retiree Has No Plans To Retire Garbage Truck Santa