Canadians are planning to spend less this holiday season

Christmas is right around the corner.

While some people may have already finished all their holiday shopping, others might still be crossing things off their lists on some of the busiest days of the year for shopping.

When we add up the cost for gifts and groceries needed for holiday celebrations, the bills get longer and our wallets get lighter.

This year, with inflation and high interest rates, many Canadians are looking to save wherever they can.