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RBC poll: Manitobans overspent the most during the holidays

For Manitobans who went over their budget this holiday season, a new poll shows you are not alone. ....

For Manitobans , Holiday Spending , Saving Insights Poll ,

Poll Finds Many Canadians Overspent For Holidays


An RBC poll has found that many Canadians spent more than expected during the holiday season, despite the pandemic.
The RBC Post-Holiday Spending & Saving Insights Poll found Canadians spent an average of $735, that’s the highest amount since RBC began tracking a decade ago.
When the poll broke down spending by region, Atlantic Canadians spent the most at $906.
(Photo: Courtesy of RBC)
The poll also found Canadians spent more than intended. For Ontario, it was 29 per cent. Atlantic Canadians weren’t far behind at 27 per cent.
Canadians also identified things they would do differently to prepare for the next holiday season. ....

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Bah humbug? Not in Canada, as consumers reach new high in holiday season spending: RBC poll


One-quarter of those polled spent more than they intended
Canadians are finding it challenging to save
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has helped users save over $1 billion since 2017
TORONTO, Feb. 1, 2021 /CNW/ - In a holiday season where social distancing kept many families and friends apart, Canadian shoppers polled compensated by spending an average of $735 – the highest amount since the RBC Post-Holiday Spending & Saving Insights Poll began tracking these expenditures a decade ago.
How much did Canadians overspend over the holiday season? (CNW Group/RBC Royal Bank)
Another record was set by those who spent more than intended (25% of all shoppers), going over budget by $588 on average – a 28% increase from $459 the previous holiday season. The biggest overspenders were in Ontario (29%), followed by residents of Atlantic Canada (27%), Quebec (25%), Saskatchewan and Manitoba (22%), Alberta (20%) and B.C. (18%). By age group, Canadians 18 to 34 included the larges ....

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