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---
description: The October 14 outlook puts the combined Canadian budget for gifts and gift cards at C$429, down from C$450. Its survey measures planned spending and does not split gift-card sales.
title: Deloitte expects Canadian gift and gift-card budgets to fall 5%
image: https://giftcard.news/images/social/v1/deloitte-expects-canadian-gift-card-budgets-fall-5-7c360c95dca281de134714366727c2e6.jpg
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# Deloitte expects Canadian gift and gift-card budgets to fall 5%

The October 14 outlook puts the combined Canadian budget for gifts and gift cards at C$429, down from C$450\. Its survey measures planned spending and does not split gift-card…

By [Emma Carter](https://giftcard.news/author/emma-carter/) October 14, 2026 3 min read [ Google News ](https://google.com/preferences/source?q=giftcard.news&utm%5Fsource=giftcard.news&utm%5Fcampaign=giftcard.news) 

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![Holiday shop-window illustration used on Deloitte Canada’s 2026 retail outlook](https://giftcard.news/images/variants/v1/deloitte-expects-canadian-gift-card-budgets-fall-5-holiday-shop-window-illustration-w1200.webp) 

 Cover illustration accompanying Deloitte Canada’s 2026 Holiday Retail Outlook. It illustrates holiday shopping and does not depict survey respondents. Photo: Deloitte Canada 

Canadian consumers expect to cut combined spending on gifts and gift cards by 5% this holiday season, according to [Deloitte Canada](https://giftcard.news/company/deloitte-canada/)’s 2026 Holiday Retail Outlook, released October 14\. [\[S01\]](#article-source-1)

The report puts the average combined budget at C$429, compared with C$450 in 2025\. Total expected holiday spending across the listed categories falls 14%, from C$1,521 to C$1,305, making the decline in the gifting category smaller than the overall pullback. [\[S03\]](#article-source-3)

## The gift-card result has a defined boundary

Deloitte reports actual gift products, gift cards and gift certificates together. The reviewed report does not split their budgets, so the 5% figure cannot be read as a standalone forecast for Canadian gift-card sales. It also does not establish the share allocated to cards. [\[S03\]](#article-source-3)

The data behind the story 

### Planned gifts and gift-card budget in Canada

Average planned spending on actual gift products, gift cards and gift certificates combined, from figure 1.5 of Deloitte Canada’s 2026 report.

 Combined gifts and gift-card budget 

CAD

Tap or hover for details. All values are also available in the data table.

Source 

Deloitte Canada, 2026 Holiday Retail Outlook, page 9

Consumer intentions, not completed sales. The 2026 survey covered more than 1,000 Canadian consumers and ran August 28-September 4\. This combined category does not establish a separate gift-card budget or sales forecast. The published year-on-year decline is rounded to 5%.

Show data tableHide data table 

Scroll left or right to see all columns 

__Planned gifts and gift-card budget in Canada (CAD)__
| Category | Combined gifts and gift-card budget |
| -------- | ----------------------------------- |
| 2025     | 450 CAD                             |
| 2026     | 429 CAD                             |

For retailers and issuers planning holiday programmes, the finding points to pressure on the wider gifting budget while preserving uncertainty about which products consumers will choose within it. A decline in the combined category alone does not establish that shoppers will switch from physical gifts to cards, or the reverse.

## Value shapes the purchase decision

The survey finds

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## In this article

### Companies

* [Deloitte Canada](https://giftcard.news/company/deloitte-canada/)

### Sources and documents

* [\[S01\] October 14 Canadian survey release and fieldwork dates](https://www.deloitte.com/ca/en/about/press-room/holiday-retail-outlook-reveals-spending-on-gifts-is-expected-to-drop-5-percent.html?utm%5Fsource=giftcard.news&utm%5Fcampaign=giftcard.news) — Deloitte Canada
* [\[S02\] Original 2026 Holiday Retail Outlook overview](https://www.deloitte.com/ca/en/Industries/retail/perspectives/holiday-retail-outlook.html?utm%5Fsource=giftcard.news&utm%5Fcampaign=giftcard.news) — Deloitte Canada
* [\[S03\] Original report, category budgets on page 9 and methodology on page 26](https://www.deloitte.com/content/dam/assets-zone3/ca/en/docs/industries/retail/2026/holiday-retail-outlook-2026-en-aoda.pdf?utm%5Fsource=giftcard.news&utm%5Fcampaign=giftcard.news) — Deloitte Canada

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About the author

## [Emma Carter](https://giftcard.news/author/emma-carter/)

Journalist — Retail & E-commerce

Emma Carter covers retail, e-commerce and the gift card shopping experience for Gift Card News.

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