Good news dads: you can expect a little extra this Sunday for Father’s Day.
According to a new Bank of Montreal survey conducted by Pollara, the average Canadian expects to spend $95 on Father’s Day gifts — up 10 per cent from $86 last year.
On a region–by-region basis, Ontarians will spend $94 on average while those in Alberta will spend the most at $116. Atlantic Canada has the lowest average at $61. Comparables for what each region spent last year were not provided.
And while the amount to be spent on fathers is up, it’s still below what we spend for the mothers in our lives. According to a similar study conducted earlier this year, Canadians said they would spend an average of $107 for Mother’s Day – up 27 per cent from 2012.
The survey also found that sons plan to outspend daughters, expecting to doll out $110 and $80, respectively, on dad.
The results were from online interviews, conducted between April 25 and 29, with a random sample of 1,000 Canadians 18 years of age and over. A sample of this size would yield results accurate to within 3 per cent, 19 times out of 20, BMO and Pollara said.