{"id":72881,"date":"2025-10-10T00:04:06","date_gmt":"2025-10-10T00:04:06","guid":{"rendered":"https:\/\/english.saigonbiz.com.vn\/2025\/10\/10\/holiday-budgets-under-pressure-as-nearly-half-of-canadians-plan-to-spend-less-this-year\/"},"modified":"2025-10-10T00:04:06","modified_gmt":"2025-10-10T00:04:06","slug":"holiday-budgets-under-pressure-as-nearly-half-of-canadians-plan-to-spend-less-this-year","status":"publish","type":"post","link":"https:\/\/english.saigonbiz.com\/vn\/holiday-budgets-under-pressure-as-nearly-half-of-canadians-plan-to-spend-less-this-year\/","title":{"rendered":"Holiday Budgets Under Pressure as Nearly Half of Canadians Plan to Spend Less This Year"},"content":{"rendered":"
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New Rakuten.ca survey shows how rising costs and economic uncertainty are shaping holiday spending<\/em><\/p>\n

TORONTO, Oct. 09, 2025 (GLOBE NEWSWIRE) — \u00a0<\/strong>The holiday season may be the most wonderful time of the year, but for many Canadians it is also one of the most financially stressful. A new survey from Rakuten.ca<\/a> Canada reveals that more than half of Canadians (54%)<\/strong> find holiday gift shopping stressful<\/strong>, while 56% say budgeting for the holidays adds pressure to an already busy season<\/strong>.<\/p>\n

With findings that underscore how critical it has become for Canadians to maximize their spending power, Rakuten.ca helps shoppers reclaim value on holiday spending with Cash Back for every purchase during the season. Whether it\u2019s gifts, entertaining essentials or everyday needs, Rakuten.ca turns stressful shopping into meaningful savings that help ease the pressure of the holidays.<\/p>\n

Nearly half of Canadians (48%) say they plan to rein in their holiday spending<\/strong> compared to last year, signaling that economic pressures and financial stress are influencing how shoppers want to approach the season. Despite those intentions, many Canadians still expect the holidays to come with a hefty price tag: 45% anticipate spending over $500 on gifts, and one in five will surpass $1,000<\/strong>.<\/p>\n

\u201cEconomic uncertainty has Canadians watching their spending, but the combination of holiday season demands and rising costs continues to drive overall spending up,\u201d<\/em> says Jennifer La Forge, General Manager of Rakuten Canada<\/strong>. \u201cWe\u2019re finding that<\/em> stacking strategies that combine multiple savings opportunities, like taking advantage of Black Friday and Cyber Monday deals and using <\/em>Rakuten.ca <\/em>to earn Cash Back, can help Canadians stick to their goal of spending less, while still covering their holiday must-haves<\/em>.\u201d<\/p>\n

This time of year, Canadians are sharpening their savings strategies, with 82% saying they do whatever they can to cut holiday costs and 68% preferring to wait for sales. Rakuten.ca will boost Cash Back offers around Black Friday and Cyber Monday, giving members the opportunity to stack savings on top of already deep discounts. Now with Interac, a Rakuten.ca partner, members can receive their Cash Back faster and more securely through e-Transfer – putting money back into their pockets at the time of year they need it most.<\/p>\n

\u201cThe holiday season can be overwhelming, between entertaining, gift buying, travel, and managing everyday expenses, the costs add up quickly<\/em>,\u201d says Personal Finance Expert and National Media Personality Melissa Leong<\/strong>. \u201cThat\u2019s why it\u2019s so important to find simple ways to ease the financial load. Leveraging Cash Back through Rakuten.ca, especially during major sales events like Black Friday and Cyber Monday, gives us all a little more breathing room so they can enjoy the traditions and moments that matter most<\/em>.\u201d<\/p>\n

Key survey findings:<\/strong><\/p>\n