Canadians' disposable incomes go to dining out

by Meat&Poultry Staff
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TORONTO, Ontario – More of Canadians’ disposable income is being spent on leisure activities this summer compared to last summer, according to Bank of Montreal's annual Summer Spending survey. Regarding where consumers are choosing to spend their extra funds in the summer of 2011, going out for dinner tops the list, followed closely by a trip out for lunch.

The annual survey, which asks where and how disposable income is spent in Canada during the summer, provides a year-to-year comparison on spending habits. The top daily items Canadians are spending their money on are:

Category

Summer 2011

Summer 2010 

Dinners out

32% 

24%

Lunches out

28%

24%

Morning coffee, lattes or tea

24%

20%

Transportation (excluding personal vehicle)

17%

12%

After-work socializing

14%

11%

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