Tuesday, May 26th12.9°C
26426
25998

High cost of gas, accommodations keeping Canadians at home this summer: survey

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.

The Canadian Press


Read more Business News

25608


Recent Trending




Today's Market
S&P TSX15187.40-13.36
S&P CDNX700.09-3.39
DJIA18232.02-53.72
Nasdaq5089.36-1.43
S&P 5002126.06-4.76
CDN Dollar0.8090-0.0031
Gold1205.70+1.40
Oil60.28-0.39
Lumber273.80+3.70
Natural Gas2.849-0.038

 
Okanagan Companies
Pacific Safety0.14+0.01
Knighthawk0.010.00
QHR Technologies Inc1.49+0.01
Cantex0.03-0.01
Anavex Life Sciences0.425+0.053
Metalex Ventures0.08-0.01
Russel Metals25.83+0.04
Copper Mountain Mining1.33-0.05
Colorado Resources0.105+0.005
ReliaBrand Inc0.0048-0.0049
Sunrise Resources Ltd0.04+0.01
Mission Ready Services0.17-0.00
Decisive Dividend Corporation2.20+0.60

 



26407

FEATURED Property
2273714104 - 2900 Abbott Street
2 bedrooms 2 baths
$649,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Cash stressed seniors

Photo: Thinkstock.comFor many Canadian homeowners, their house represents the biggest portion of their net worth. Now, increasing numbers of seniors are starting to recognize the hidden value of their...


Do or do not

Photo: Thinkstock.com“The optimist sees the rose and not its thorns; the pessimist stares at the thorns, oblivious of the rose.” - Kahlil Gibran Good planning is all about managing chan...


Penetrate the smokescreen

Photo: ContributedHas this ever happened to you? You’re in the middle of your second or third “good discussion” with a prospect. Everything’s going great. The prospect seems en...

_



26418

25482


Member of BC Press Council


24697