Will Canadians be celebrating holiday cheer – or financial fear – this Black Friday shopping season?
As much as they want that classic holiday experience of giving and receiving gifts, Canadians are taking a more cautious approach to this year’s Black Friday and Cyber Monday shopping days. Unlike last year, when consumers were busting loose their spending habits post-pandemic, this year, things are a bit more sedate, thanks in part to the 40-year high inflation rate, and the looming threat of a recession hanging over everyone’s heads.
