Canadians Plan to Spend Average of $3,825 on Vacation Travel This Summer: BMO Report

Canadians Plan to Spend Average of $3,825 on Vacation Travel This Summer: BMO Report
People relax at Verdun Beach in Montreal on June 30, 2025. The Canadian Press/Christinne Muschi
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Canadians are planning to spend an average of $3,825 on summer vacations this year, according to a new report.

More than three quarters (77 percent) of Canadians are planning to travel this summer, with an average spending budget of $3,825 to spend on flights, accommodations, rentals, gas, and food, according to a July 3 report from the Bank of Montreal (BMO).