Impact of COVID-19 on saving money during the holiday season in Canada 2020-2021

Published by
D. Tighe,
Nov 18, 2022
As a result of COVID-19, saving up for holiday season was easier for about a third of consumers in Canada in both 2020 and 2021. For just under a third of Canadian consumers, the virus had made saving harder, while for the remainder, there was no noticeable difference.

Impact of the coronavirus (COVID-19) pandemic on saving money during the holiday season in Canada in 2020 and 2021

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Sources

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Release date

November 2021

Region

Canada

Survey time period

2020 to 2021

Number of respondents

698 respondents

Age group

18 years and older

Special properties

respondents chosen from a general population panel planning to save for 2021's holiday gift shopping

Method of interview

Online survey

Supplementary notes

This question was phrased by the source as follows: Has COVID-19 made it easier or harder for you to save for this year's holiday season compared to pre-COVID years?"

Percentage points not leading to 100 percent are probably due to rounding.
The figures have been taken from several publications.

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