Is your holiday spending budget already decided for this year?
With Black Friday fast approaching, the Retail Council of Canada (RCC) has released the results of a recent survey asking how much money Canadians plan over the holiday season.
The national average for everything from gifts, travel, food and entertainment is $675 and varies considerably depending on the province.
Here are the average numbers of Canadian holiday spending across the country:
- British Columbia: $688
- Alberta: $622
- Saskatchewan: $611
- Manitoba: $611
- Ontario: $805
- Quebec: $458
- Atlantic Canada: $813
According to the survey, 65% of Canadians have a firm budget for holiday spending, 28% of whom will end up spending more money than they planned.
