Wednesday, October 1st19.4°C
22738
22642

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

23479


Recent Trending




Today's Market
S&P TSX14805.44-155.069
S&P CDNX896.35-12.94
DJIA16804.71-238.19
Nasdaq4422.085-71.305
S&P 5001946.16-26.13
CDN Dollar0.8969+0.0013
Gold1216.20+0.70
Oil89.16+0.05
Lumber343.10+5.30
Natural Gas4.03+0.007

 
Okanagan Companies
Pacific Safety0.135+0.005
Knighthawk0.01-0.005
QHR Technologies Inc1.22-0.04
Cantex0.075+0.01
Anavex Life Sciences0.1804-0.0036
Metalex Ventures0.0550.00
Russel Metals34.68+0.11
Copper Mountain Mining2.29-0.13
Colorado Resources0.16-0.005
ReliaBrand Inc0.019-0.001
Sunrise Resources Ltd0.065+0.045
Mission Ready Services0.31-0.01

 





FEATURED Property
20442333619 Veranda Court
3 bedrooms 3 baths
$339,900
more details
image2image2image2
Click here to feature your property
Please wait... loading


Power-save your way to a down payment

Part 2 of 2 to read Part 1, click here. 5. Dial down your vacations. New York is out. Maybe Buffalo. For West coast, maybe Seattle instead of Hawaii. Use sites like Airbnb (aribnb.ca) to find ch...


A wildly successful manufacturer

Niche food producer “Sweets from the Earth” thrives using innovation, uniqueness and an unwavering focus on quality. A neighbour’s stew turned Ilana Kadonoff off meat at the age of s...


Finding the smart money

Recently I had the privilege of working alongside André Voskuil, a local guru in the world of Alternative Financing. André has quite the reputation in the world of direct investments as ...

_





23545


Member of BC Press Council


23266