Canadians overspending during holiday season by age group 2020

Published by
D. Tighe,
Nov 23, 2022
During 2020's holiday season, approximately a quarter of consumers in Canada spent more than they had initially intended. At nearly 40 percent, younger consumers in Canada were especially prone to going over their initial holiday shopping budget.

Share of consumers who overspent during the holiday season in Canada in 2020, by age group

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Source

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Release date

February 2021

Region

Canada

Survey time period

January 4 to 6, 2021

Number of respondents

2,000 respondents

Age group

18 years and older

Method of interview

Online panel

Supplementary notes

This question was phrased by the source as follows: "Did you spend more than you intended to during the holiday season?"

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