Canadians plan to spend more this holiday shopping season: survey
CTV
Retail Council of Canada’s fourth annual Holiday Shopping Survey found that Canadians are more optimistic going into this holiday season than last year
Retail Council of Canada’s fourth annual Holiday Shopping Survey found that Canadians are more optimistic going into this holiday season than last year, and are ready to get back into physical stores and spend more money.
“I think the underlying message here is that consumers are ready to shop," Diane Brisebois, President and CEO of the Retail Council of Canada, told CTV News Toronto.
The survey found that 30 per cent of participants plan to start shopping before November and 36 per cent during November — higher numbers than last year.
Canadians will spend, on average, $792 leading up to the holidays, with Ontario shoppers spending more — an average of $863.