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Friday, January 16, 2026

Many Canadians Preparing to Cut Back on Holiday Spending: Survey

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A shopper checks a till receipt in Toronto’s Fairview Mall as outlets participate in Black Friday sales, on Nov. 28, 2024. The Canadian Press/Chris YoungThe rising cost of living is expected to put a chill on holiday spending this year.A new survey by insolvency firm Harris & Partners released Tuesday shows most respondents are preparing for a more modest Christmas.

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