Canadian Holiday Spending on the Decline

Average Spend on Gifts and Other Expenses Dips to $1,137, Down from $1,218 Last Year

Wednesday, November 10, 2010

Toronto, ON – Canadians are continuing to curb their spending heading into the holiday season, according to a new Ipsos Reid poll conducted on behalf of RBC. Of the eight in ten (82%) Canadians who intend to give gifts this holiday season (18% of Canadians will not give gifts), the average amount of money intended to be spent on...

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Canadian Holiday Spending on the Decline

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Sean Simpson
Vice President, Canada
Ipsos Public Affairs