Holiday spending intentions up in Canada, but not in Quebec ...Middle East

Canadians seem determined to celebrate and spend during the holidays despite high inflation rates, according to a Léger survey released Tuesday by the Retail Council of Canada (RCC). The data indicates that respondents expect to spend about $898 this holiday season, compared to $782 last year. However, Quebecers say they intend to spend well below the national average, at just $663 — though they say they are more likely to buy gifts for themselves and spend more of their budget on entertainment at home. Nevertheless, respondents say 80 per cent of their forecasted spending this year is expected to go to gifts. Due to recent economic uncertainties, 88 per cent of Canadians sa

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Last updated : 18 October 2023 clock 03:16 PM

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Holiday spending intentions up in Canada, but not in Quebec ...Middle East

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