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By Special to MoneySense on July 21, 2014
Estimated reading time: 1 minute

Cost of gas, accommodations keep Canadians at home

By Special to MoneySense on July 21, 2014
Estimated reading time: 1 minute

Nearly one-quarter won’t be travelling this summer

This article is 10 years old. Some details may be outdated.

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TORONTO – A new survey says nearly one quarter of Canadians won’t be travelling this summer, with budget concerns keep them close to home. The survey by digital offers website RetailMeNot.ca says the high price of gas and accommodations are the top reasons for keeping 42 per cent of Canadians at home, followed by high air fares for 37 per cent of those surveyed. Just seven per cent of say they’ll be travelling overseas this summer. And 28 per cent of plan to limit their spending on summer travel and transportation to $100 or less. But the survey found that Canadians will spend $100 to $300 on alcohol during their summer holiday, while 60 per cent will spend under $200 on food. Canadians do appear to like camping, regardless of how much money they make, with 40 per cent of those with an income of $100,000 a year or more say they are heading to the woods this summer. Just 16 per cent of consumers are using coupon sites to save money on things like rental cars, hotels or airfare, according to the survey.

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