More Canadians to shop for Black Friday deals: Poll

(TONY CALDWELL/QMI Agency)

(TONY CALDWELL/QMI Agency)

QMI Agency

, Last Updated: 4:19 PM ET

Nearly half of Canadians are hoping to score some deals on Black Friday, a new report says.

Last year, 41% of Canadians surveyed said they were going to shop on Black Friday - the day following American Thanksgiving that usually marks the start of the holiday shopping season for those south of the border - while 47% are planning to check out the sales this year.

Those planning to shop on Black Friday expect to spend $292 on average, with 15% saying they will only buy gifts, and 7% saying they will only spend money on themselves that day.

"Canadian retailers are rising to the challenge of the lure of cross-border shopping, as they look to deal with the Canadian dollar still not far from parity, a significant – although narrowing – gap between Canadian and U.S. retail prices and the more generous duty-free limits," BMO chief economist Doug Porter said in a release Friday.

"Canadian holiday retail sales receipts, excluding auto and gasoline sales, should increase by roughly 2%, year over year, in the November to December period."

The popularity of Black Friday, however, may be affecting post-Christmas sales, with the survey finding 59% of Canadians polled will head out to find Boxing Day deals, down from 62% in 2012.

The poll by Pollara surveyed 1,215 adult Canadians between Oct. 11 and 16 and has a margin of error of 2.8 percentage points.


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