Nearly six-in-ten Canadians surveyed say they have set a budget for the holiday season, a new survey shows.

To stay within their budget, more than half of those surveyed plan to redeem their loyalty points and put them towards holiday expenses and gifts, according to Scotiabank’s Holiday Spending Poll.

Here’s a closer look at the survey’s findings:


From December 1 to December 2 2022 an online survey of 1,514 randomly selected Canadian adults who are Maru Voice Canada panelists was conducted on behalf of Scotiabank by Maru/Blue