Canadians scaling back summer travel plans due to cost: CIBC ...Middle East

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Canadians scaling back summer travel plans due to cost: CIBC
Summer travel season is upon us, but a good number of Canadians say they’re cutting back on their plans over the next couple of months because they just can’t afford to spend as much. More than a quarter of the Canadians who responded to a CIBC summer spending poll say they are scaling back summer travel plans as they grapple with the high cost of living. Of those who say they’ve already booked time off, almost two-thirds say they’re taking a budget-conscious approach to summer fun. Four-in-10 shared they intend to spend less than $2,000 on travel. To stretch those dollars further, most plan to keep travel within Canada. Half are choosing more affordable options like road trips, and one in

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