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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, HomEquity 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.

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