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Nearly 72% of Canadians plan to spend less this Christmas due to financial stress.
A survey of 1,820 Canadians by insolvency firm Harris & Partners found that nearly 72% plan to spend less this Christmas due to financial pressures.
About 62% feel unprepared for holiday costs, and 53% report anxiety over affording them.
Rising living costs, inflation, and economic strain from tariffs are key factors.
Most respondents are setting strict budgets, reflecting a shift toward prioritizing essential expenses amid tight finances.
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Casi el 72% de los canadienses planean gastar menos en esta Navidad debido al estrés financiero.