CALGARY – Canadians are preparing to spend more on their dads this Father’s Day than they did last year.
However, they won’t be opening their wallets quite as wide as they did for their mothers.
According to BMO’s 2013 Father’s Day survey, Canucks will be spending an average of $95 on their dad, up 10% from 2012.
However, that’s still not as much as Canadians said they planned to spend on mom for Mother’s day.
The BMO 2013 Mother’s Day survey released earlier this year showed sons and daughters were shelling out an average of $107 on their mama.
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Experts warn it’s not what you spend that is important, just make sure you can afford it.
“It’s wise to avoid over-spending and regardless of the occasion, always try to spend within your means,” said Nick Mastromarco, Director, BMO Bank of Montreal.
Of all the provinces, Albertans plan to splurge the most on their dads, spending $101.
Those in Atlantic Canada anticipate spending the least, saying they’re budgeting just $61.
In a battle of the sexes, it appears men plan to spend more than women this Father’s Day, dropping $110 versus women’s $80.
The survey was conducted by Pollara.
P.S. – Father’s Day is on Sunday.
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