Tag Archives: spending

Travel

This is Where Canadians Want to Travel to This Summer

Leave a comment

The trending destinations Canadians want to go on vacation this summer based on Google searches.

Where do Canadians want to go on their summer vacation in 2024?

With soaring inflation prices and the cost of essential shopping skyrocketing, millions of Canadians will plan to cut back on vacation spending. According to data from Ipsos*42% of Canadians say they plan to minimize their spending on vacations in 2024 as a way of dealing with the increased cost of living. Now, as the season changes into spring, more people are wondering what this summer has in store for them from a vacation perspective.

Are Canadians really looking to cut costs when it comes to their annual trip? Or has the economy got us looking outside of our usual go-to destinations?

Our friends at Top10casinos.ca, have used Google search data looking at terms around ‘summer vacations’ to find out which destinations around the world are most in-demand by Canadians looking to book their summer vacation in 2024. So, whether you need some inspiration for your next big trip, or just love a good list, here are the trending destinations Canadians want to go on vacation this summer based on Google searches.canada's favorite summer vacation

Revealed: Canada’s Top 10 Most in Demand Summer Vacation Hotspots in 2024

Research Reveals New York Will Be Canada’s Favorite Summer Vacation in 2024 – Getting 1.9 Million Searches Every Month

With 1.9 million monthly searches and a 6% increase in searches in the last 30 days, the metropolis of New York is officially Canada’s most desired destination for a summer vacation this year. Analyzing individual attractions that Canadians are most interested in visiting, searches for ‘new york broadway shows 2024’ are up 9,900% and people searching for ‘new york yankees schedule 2024’ are up 5,800%. For Canadians looking for an early Spring vacation, searches for ‘new york weather in April’ are up 750% in the last 30 days.

City Break Destinations Incredibly Popular for Canadian Summer Vacations in 2024

Half of the top 10 most-searched for summer vacation spots by Canadians are city break destinations with San Francisco, Las Vegas and Honolulu topping the list. The data shows that Vancouver residents are getting heart eyes for San Francisco. In the last month, there were 16,550 searches for summer vacations in the Golden Gate City and searches for ‘Vancouver San Francisco cruises’ are up 29% since the same time last year.

  • The Cold European Country of IcelandThe Cold European Country of Iceland Has the MOST Search Increases – Ranking Above Beach Favorite, Mexico Beaches, relaxing by the pool and all you can drink cocktails are usually synonymous with summer, but according to our study, Canadians want to escape the heat in favor of colder climes. With an average of over 689,980 monthly searches and a huge 122% increase in 30 days, Iceland surprisingly ranks in front of Mexico as a go-to vacation destination this summer. Looking at why Canadians might be interested in visiting the land of ice and fire, searches for ‘northern lights’ are up 10,900% and people looking at ‘portugal v iceland’ have increased 1,043% on Google. According to the regional data, Niagara Falls residents in particular are looking for a totally unique experience this summer, with searches for ‘Iceland summer vacation’ up 200% since the same time last year.
  • Cuba Revealed as Canada's Most Desired Beach DestinationCuba Revealed as Canada’s Most Desired Beach Destination This Summer – Ranking Above Mexico and Costa RicaWith more than 712,000 monthly searches and an increase of 36% in 30 days, Cuba is revealed as Canada’s most desired beach vacation destination for summer 2024. According to the data, Canadians are researching long distance swimming in the country, with searches for ‘swim from cuba to florida’ up 3,500% and ‘vacations to cuba’ up 333%.
  • The Dominican Republic Ranks in Top 10The Dominican Republic Ranks in Top 10 With over 97,000 monthly searches for ‘The Dominican Republic summer vacation’ and a 35% increase in the past month – it’s evident the Caribbean Island will be one of the most coveted destinations by Canadians this summer, which is why it features in the top 10. When analyzing search trends on a city level, Montréal has seen a 25% increase in residents’ searching for the beautiful beach spot, and Ottawa shows a 20% surge.

trending destinations canadians want to go on vacation

Mapped: Most Desired Vacation Destinations Across Canada, Revealed

  • Las VegasLas Vegas Named the Most Desired Destination The gambling capital of the world is the most searched for city across the 10 cities of Alberta with searches spiking by nearly half (48%) since the same time last year. With 1.7 million monthly searches and a 12% increase in Canadian’s searching for the desert oasis summer vacation, Las Vegas has seen a 6% increase in search increases than topspot New York, the city also ranks above favorites Cuba and Mexico.
  • GreeceGreece Ranks Second as Research Reveals European Summer Vacations Most Popular with Ontario ResidentsThe data shows there’s a rapid number of Canadians looking to experience a European summer vacation this year, with both Greece and Italy coming up top in Ontario. Looking at the most searched for destinations, searches for Greece’s picturesque Santorini have increased by 67% since the same period last year across Canada, and Italy’s Rome have spiked 25%.
  • Costa RicaCosta Rica is the Most Desired Destination by Two ProvincesFilled with rugged rainforests, pristine lagoons and beautiful beaches, it’s little wonder the Central American country of Costa Rica is the most desired by two parts of Canada. Provinces of Quebec and Manitoba both had Costa Rica as their favorite destination, with searches for the tropical country up by an average of 81% across 10 cities in Quebec since the same time last year. Looking at locations on a city level, searches for ‘all inclusive Costa Rica vacations’ are up 300% in Quebec City, highlighting a need to escape busy metropolitan life.
  • Toronto's 3 Favorite Summer Vacation SpotsToronto’s 3 Favorite Summer Vacation Spots are all City DestinationsResidents hailing from Ontario’s capital, Toronto, are interested in keeping the summer city spirit alive, with 3 favorite destinations also being city spots. According to the data, Toronto’s favorite destination is Dubai with a 49% increase in searches since the same time last year. Closely followed by Rome (22%), and Miami (20%).

Methodology

  1. Using articles around the topic of “bucket list travel destinations”, “best vacations in 2024” we were able to collect a list of approx 100 dream global travel destinations. To allow for us to make sure we’re focusing on those who want to holiday in these locations we assigned the prefixes “summer vacations in” to all locations. These terms were then entered into keywordtool.io to collect the average monthly search volume and search trends (over the last 12 months) per state.
  2. Search volumes and trends were gathered using https://keywordtool.io/
  3. All data correct and accurate as of 11th April 2024

Sources

https://www.ipsos.com/en-ca/canadians-cut-back-2023-and-plan-continue-cuts-2024

For the Silo, Amanda Evans

Culture

4 Ways You Could Have Saved Money This Holiday Season

Leave a comment

There is no denying that Christmas is an expensive holiday. You have to spend a substantial amount of money on things like food, decorations and travelling.

However, the heftiest expense is usually the presents — approximately 34% of parents spend $500 on gifts (per child) during the holiday season. If you have a large family, this adds up quickly.

Instead of emptying your wallet, you should use these money-saving tips over the holidays. By using these tips, you’ll be able to get more bang for your buck and potentially save hundreds or thousands of dollars on gifts.

1 — Use an Online Shopping Directory

No holiday shopping trip is complete without an online shopping directory. If you’ve never used one, an online shopping directory is an innovative tool that offers a wide variety of features.

One of the primary benefits of using one of these directories is that you can use them to access digital coupons and flyers. You can use these coupons to save a significant amount of money on your purchases.

Additionally, you can use these directories to find a shopping centre near you and important pieces of information like store hours. This way, you won’t waste your time by showing up after the Kingsway Mall or your local shopping mall closes.

2 — Ship Directly to the Recipient

Shopping online makes the gift-giving experience quick and convenient. With a few clicks, you can have a gift hand-delivered to your door. Although, if you won’t be seeing the recipient over the holidays, you will have to ship the item yourself. This process can get expensive!

Although it may seem unconventional, you can make your Christmas shopping easier by shipping your gifts straight to the recipients.

Even though this may take some of the fun out of it, direct shipping is a practical and cost-effective way to give gifts to people. This is especially true if the recipient lives far away.

If you want to save even more money, you should go to sites that offer free shipping.

3 — Look for Ways to Buy in Bulk

If you’re planning on hosting a holiday event, you’re probably looking for ways to save money on food. An easy way to cut back costs is by purchasing items in bulk. Although you may not want to purchase turkey or eggnog in bulk, it is practical for staples like water bottles, cookies or festive treats.

You should avoid purchasing perishable items in bulk. Some things to avoid purchasing include:

  • Produce (Fruits, Vegetables)
  • Dairy (Milk, Cheese)
  • Baked Goods That Are Difficult to Store

It is worth noting that you can store some of these items by freezing them.

4 – Make Your Gifts

Are you good with your hands? Do you love to create things? Have you been told that you have a knack for building stuff?

Instead of going to the Dixie Outlet Mall, you should consider making some of your Christmas gifts yourself. This is a thoughtful gesture that goes a long way with friends and family members.

To save even more money, try making your own Christmas cards. This will add a personal touch to any gift that you give.

Finance

There Are New Forms Of Money On The Horizon

Leave a comment

Take a look at these transactional trends to see how you might be spending your money in the future.

What does the future hold for the way we pay?

Paying for your purchases used to be to the most straightforward task around, you’d exchange your coins with the cashier and in return you’d receive your goods. Simple. But today, a modest transaction can involve some serious tech.

Whilst everything in the world seems to be making a switch to digital, money is no exception. Gone are the days of signing signatures, punching in pins and certainly, counting coins, but the advancements show no sign of stopping. As contactless method currently seems to offer the most convenient method of payment – it begs the question of what could possibly come next.

The use of physical cash is dwindling as more and more options become available to consumers.

Consider how the Corona virus lock downs have also affected the use of physical cash:  businesses and retail either favor interac and credit cards or outright refuse the use of cash transactions. Look to the infographic below for three of the most prominent examples of the way our spending habits are currently evolving.  For the Silo, Danielle Mowbray /creditangel.co.uk

Future of spending with digital money

Culture

Canadians aware country is #1 in extreme, unfair mobile rates

Leave a comment

Canada's Cell Phone Rates: the Highest in the World | iPhone in Canada Blog

My name is Ann Murray (not that Ann Murray), and I’m a publicist for RingCredible, the next practical, affordable, secure and reliable solution in mobile VoIP calling.  I’m writing to explain  how consumers can spend as little as possible on mobile calling charges each month  – and quickly hack their household mobile calls spending.

This topic is especially timely, given how Canada’s mobile rate calling rates are one of the world’s worst – and also given the recent acquisition of Mobilicity by Telus. [see link below CP]

Why the hefty price? This is the fault of “The Pricey Three” – Bell, Rogers, and Telus – that lock customers into very expensive calling plans. If you’re in one of the Pricey Three’s plans, you are more likely to run out of call credits, you will have less minutes included, and the price of additional minutes will be more expensive than the rates of your friends and family around the world.

The solution is RingCredible’s “How to hack your mobile phone bill,” which include the following tips:

5. Use calling cards, which is a very cheap way to make calls (just not very convenient)

4. Try the smaller mobile calling alternatives owned by Bells, Rogers or Telus

3. Go with free peer-to-peer calls using Viber

2. Sign up for Wind and Mobilicity, which sell all-inclusive packages (Mobilicity was recently acquired by Telus)

1. Sign up for a VoIP provider such as Skype [Skype The Silo: thesiloteam CP], Fongo, or VoipGo

Our solution, RingCredible (App’s available at www.ringcredible.com) is a great, and nearly free calling choice, with the added benefit of offering the same user experience as when making a normal mobile call.

 Some other interesting results to consider  include:

* What the acquisition of Mobilicity by Telus means to the consumer http://mobilesyrup.com/2013/05/28/one-step-closer-ontario-superior-court-of-justice-approves-telus-acquisition-of-mobilicity/

* How to save when you’re out of the country and calling back home

* How other countries have hacked their own mobile calling rates 

mobilsyrup readers respond to "One step closer: Ontario Superior Court of Justice approves TELUS’ acquisition of Mobilicity"
mobilsyrup readers respond to “One step closer: Ontario Superior Court of Justice approves TELUS’ acquisition of Mobilicity”

For the Silo, Ann Murray.

Culture

Our Cashless World Of Alternative Payments

Leave a comment

The payments world has long been governed by the world’s great financial institutions. Banks and states have dominated the world’s spending habits, regulating transactions and payment methods.

The last decade has seen a shift away from the great institutions having total control over the financial landscape, and it’s been largely down to the digital revolution. Recent years have seen growing partnerships with the technology industry. Tech has sought more innovative ways for the financial industry to operate, and a greater freedom for consumers to spend their money.

Find current trends and what the future has in store for spending in this interesting infographic below from our friends at moneyguru.com.  At the time of posting 1 British Pound = $1.42 US and $1.79 CDN.

Alternative Spending Methods for Cashless World