Canadians plan to increase holiday shopping spending to $1,559 this year, with 42% expecting the best deals around Black Friday.
Canadians plan to increase their holiday shopping spending this year, averaging $1,559, although still below 2019 levels of $1,706. A Deloitte Canada survey reveals 42% expect the best deals around Black Friday. Charitable donations may rise by 35%, and travel spending is set to increase by 20%. However, concerns about data breaches and financial stress persist, with many Canadians worried about credit card debt and housing costs.
5 months ago
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