Write For Us

Black Friday: Canadian shoppers hunt for deals amid “gift-flation” concerns

Sponsored Post Vitamin D2 Canada Persia
17 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

ava
Published
Scores of Canadian shoppers are expected to pack malls across the country in the hunt for Black Friday deals, especially amid concerns about “gift-flation” this holiday season as inflation drives up the price of gifts.

The annual wave of discounts, door crashers and sales time to the holiday season will be especially welcomed among cash-strapped Canadians this year.

Inflation remains above the Bank of Canada’s two per cent target, keeping prices high for household goods and big-ticket purchases, even as higher interest rates are causing many homeowners mortgage payments to balloon.

As Global News’ Nivrita Ganguly reports, Canadians will be facing a tough choice to save – or to spend.

For more info, please go to https://globalnews.ca/news/10112771/black-friday-sales-inflation-canada/
Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc
Like Global News on Facebook HERE: http://bit.ly/255GMJQ
Follow Global News on Twitter HERE: http://bit.ly/1Toz8mt
Follow Global News on Instagram HERE: https://bit.ly/2QZaZIB
#GlobalNews #blackfriday #consumer
Category
U.S. & Canada
Tags
global news, Black Friday, Black Friday deals
Sign in or sign up to post comments.
Be the first to comment