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:
|Morning coffee, lattes or tea||
|Transportation (excluding personal vehicle)||