Changing your holiday plans in an effort to save money? We want to hear from you

As high inflation rates loom over every dollar spent this year, Canadians are already looking to shop less and smarter this holiday season.

Recent reports have found many Canadians are choosing to spend less on gifts and holiday preparations due to concerns over an upcoming recession.

Equifax Canada reported 60 per cent of consumers will spend less on gifts this holiday season and a Deloitte Canada report indicated overall household spending this season will drop 17 per cent, to $1,520.

Whether it's for Christmas, Hanukkah or another occasion special to your own family, we want to know how rising costs may be changing your holiday plans or resulting in new, more affordable traditions.

How are you planning to celebrate the holiday season while spending less money? Are you limiting the number of gatherings you’ll attend? Will you be spending less money on gifts, or opting for more affordable alternatives?

Share your story by emailing us at dotcom@bellmedia.ca with your name and location. Your comments may be used in a CTVNews.ca story.

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World

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Health

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Sci-Tech

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Entertainment

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Atlantic

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Saskatoon

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Northern Ontario

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London

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Barrie

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Windsor

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Vancouver Island

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Kelowna

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Lethbridge

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Sault Ste. Marie

OPP and Treaty Three police lay murder charge in northwestern Ont.

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N.L.

Rideshare platform Uber expands to Newfoundland and Labrador

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Changing your holiday plans in an effort to save money? We want to hear from you

CTVNews.ca Top Stories

BREAKING | CFL suspends Shawn Lemon indefinitely for gambling

BREAKING | Convicted killer can ask for parole now: Windsor, Ont. jury accepts 'faint hope' application

BREAKING CFL suspends Shawn Lemon indefinitely for gambling

BREAKING Convicted killer can ask for parole now: Windsor, Ont. jury accepts 'faint hope' application