Tuesday, March 31st8.3°C
25326
25546

Tooth fairy pays a premium for baby teeth in the Maritimes, skips Quebec

TORONTO - If you're a kid in Atlantic Canada, here's a reason to smile. According to a new survey, the tooth fairy is paying a premium for baby teeth in the Maritimes and Newfoundland.

At $3.46 a tooth, it's 19 per cent higher than the national average of $2.80.

Even better, 35 per cent of respondents in Atlantic Canada said their children found $5 or more per tooth under their pillows in 2014.

Quebec children were the least likely to get a visit from the tooth fairy — 13 per cent received no money for their lost teeth. For those who did, $2.06 was the average rate.

The findings are from a telephone survey of approximately 1,000 households with children under age 13 conducted for Visa Canada.

The company is promoting the launch of an online financial calculator that allows children and parents to compare their earnings with other children from similar households in Canada.

Ontario reported the second-highest going rate for baby teeth at $3.21 apiece.

"Generally, kids are doing really well," said Visa spokesperson Michelle Michalak.

If kids in Atlantic Canada and Ontario save the funds, by the time they lose all 20 baby teeth they will have stashed away $69 and $64 respectively.

"Every little bit adds up, so really it is an opportunity to talk to kids about managing their money," said Michalak.

The average in the Prairies was $2.43 per tooth, but 55 per cent could expect to receive up to $5. In British Columbia, children got an average of $2.47 per tooth.

The poll was conducted for Visa by GfK Canadian Omnibus Service and had a claimed margin of error of plus or minus three percentage points.

The Canadian Press


Read more Business News

24910


Recent Trending




Today's Market
S&P TSX14902.44-5.95
S&P CDNX680.07-0.26
DJIA17776.12-200.19
Nasdaq4900.88-46.56
S&P 5002067.89-18.35
CDN Dollar0.7901+0.0013
Gold1187.90+4.80
Oil47.33-0.27
Lumber275.30-2.90
Natural Gas2.641+0.001

 
Okanagan Companies
Pacific Safety0.125+0.010
Knighthawk0.010.00
QHR Technologies Inc1.48-0.02
Cantex0.03-0.01
Anavex Life Sciences0.211-0.004
Metalex Ventures0.04+0.00
Russel Metals24.04-0.36
Copper Mountain Mining1.16-0.02
Colorado Resources0.11-0.01
ReliaBrand Inc0.0036-0.0024
Sunrise Resources Ltd0.04-0.01
Mission Ready Services0.25+0.02
Decisive Dividend Corporation1.80+0.02

 





FEATURED Property
1993686651 Denali Crt
4 bedrooms 3 baths
$1,049,000
more details
image2image2image2
Click here to feature your property
Please wait... loading


Down payment

If you have less than 20% down payment, mortgage insurance is required through Canada Mortgage & Housing (CMHC), Genworth or Canada Guaranty. Homeowners no longer need the minimum 5% down payment ...


CRA Notice of Assessment

Many Canadians rush to file their taxes on time each year and don’t think about it until the next year. One of the most overlooked notices received from the CRA annually is the annual Notice of ...


Medical confidential?

If ICBC asks your doctor for your information you may wonder: Can ICBC ask my doctor for my medical information? Can ICBC request a medical report from my doctor without my consent? What is ICBC entit...

_





25482


Member of BC Press Council


24886