A third of Canadians will spend less on the holidays

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The third of Canadians will spend less on the holidays

People are waiting to enter a store in a mall in Montreal.

While consumer prices have been on the rise for months, about one in three Canadians plan to reduce their spending on grocery shopping. x27;buying Christmas gifts this year, according to a new survey from Ipsos.

However, almost the same number intend to invest an amount roughly the same as last year, while 9% of respondents said they did not want to buy gifts and nearly 20% had not yet thought about how much they would pay.

The survey was conducted on behalf of CanadaHelps. It reveals that nearly half of Canadians would rather receive a gift that could support a charity than a material gift.

Customers in a store in Montreal.

The survey also shows that 22% of Canadians expect to use to a charity for essential services over the next six months.

But 20% of respondents said they wanted to reduce their donations compared to last year. One of the main causes cited is the rising cost of living.

To encourage people to give within their means, CanadaHelps invites people to take part in the Tuesday movement I give, November 29, following Black Friday and Cyber ​​Monday. The association proposes in particular to offer a charitable gift card to a loved one, the amount of which can be donated to an organization of their choice registered on CanadaHelps.org.

With 22% of Canadians planning to use essential charitable services like food and shelter in the next six months, charitable giving is a great way to show loved ones you care while supporting communities in need, says CanadaHelps Acting Chief Operating Officer and CEO Jane Ricciardelli in a statement.

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