First at Five: Summer Spending

Ajouté : 2026-06-02

[00:00:03]the beach, the open road, or the peace and quiet of a camping trip. They are all the sounds of a classic summer vacation. And some people go a lot bigger.

[00:00:18]>> Oh god, we've been to Egypt. We've been to Japan. We've been to China.

[00:00:23]>> Calvin Stevens and his children usually take a big trip somewhere around the globe each summer. Uh, we've been to the Gopicos Islands for God's sakes.

[00:00:31]>> But he says this year because of costs and world dynamics, they're staying in Canada exploring Vancouver by rent a car.

[00:00:38]>> They were a little disappointed at first, but I did explain to them the situation and the cost of everything.

[00:00:45]>> Well, I mean, across Canada, we're all feeling the pinch, right? According to a new survey by TD, 41% of Atlantic Canadians plan to spend less this summer, the highest in Canada compared to 35% elsewhere across the country.

[00:00:59]>> Gas has gone up significantly. Jet fuel, so hopping on a plane is more expensive than it was 6 months ago. And even just the cost of of buying food when you get there.

[00:01:09]>> Among those cutting back, 64% are redirecting their spending towards essentials like groceries, gas, and housing. 53% say that higher fuel costs are impacting travel decisions.

[00:01:20]>> I'll never stop traveling. I have five cruises booked in the next year. So >> then there are those who will travel regardless. Ryan McDonald of Mabu, Nova Scotia has a cruise booked for next week and another one to Greenland this summer.

[00:01:34]>> And I only paid $250 for that cruise for 14 days.

[00:01:39]>> During that time, he points out he's not buying any groceries. He says he manages to afford to travel by constantly looking out for deals.

[00:01:46]>> Yeah, you can't put a price on your love of travel. If you love traveling, you should do it.

[00:01:51]>> Meanwhile, the people behind the TD survey say the good news is you don't have to break the bank to have a great summer.

[00:01:57]>> There's a trend to have a 90s summer.

[00:01:59]So, if you ask someone what their favorite summer was, they're not going to talk about being on screens. I mean, my goodness, we're on screens all the time to work, downtime, date. Uh, let's turn it off.

[00:02:11]And the TD survey adds that 81% of Atlantic Canadians pled to stay within Canada's borders this summer. And once again, that is the highest percentage in the country. And that song, Oasis Champagne Supernova, that does remind me of a 90s summer. All right. Summer of 96 to be exact. Back to you, Marie. hot.

[00:02:30]Thank you for the reference, Ryan.