Have a question? We're here to help

Welcome to chip.ca! We've updated our site.
This infographic provides details of the holiday spending habits of Canadian seniors.

Canadian seniors holiday spending habits

The holidays are fast approaching and many Canadian seniors are finding it hard to accept the cost of holiday gift giving. In a recent survey, HomeEquity Bank conducted over the weekend of the Toronto ZoomerShow – holiday spending is expected to total an average of $2,464 among those aged 55 and over, leading to a financially stressful holiday. The survey also concluded that on average, men spend more than women over the holidays, with men spending an average of $2,898 while women spend $2,248.

This infographic provides details of the holiday spending habits of Canadian seniors.

How it Works?

How Reverse Mortgages Work

If you're like many other 55+ Canadians, much of what you own fits into two categories - the equity in your home ...

Learn More

Reverse Mortgage Videos

Reverse Mortgage Videos

Watch these videos from HomeEquity Bank and learn more about CHIP Reverse Mortgage

View More

Contact Us

Don't Wait
Get Your Free Guide
x

Thank You!

Your details have been successfully submitted.
Check your inbox for future updates.