One in 10 Canadians skip housing payments for vacations: FCTG survey

Survey by YouGov reveals significant portion risking housing payments for travel

One in 10 Canadians skip housing payments for vacations: FCTG survey

A recent Flight Centre Travel Group survey conducted by YouGov suggests that 1 in 10 Canadians prioritize travel desires over housing payments.

Around 10% of respondents admitted to neglecting their rent or mortgage payments to accommodate vacation costs, men twice as likely (12%) as women (7%).

Flight Centre Group notes in a statement that the results reflect ‘a concerning shift in financial priorities.’ However the travel retailer also notes that Canadians, particularly those aged 18-40, also demonstrate a unique balance of wanderlust and resilience, choosing to navigate and adjust their finances rather than giving up travel entirely.

About six out of 10 younger Canadians (61%) surveyed are determined to travel within the next 12 months, signifying a non-negotiable aspect of their lifestyle choices even in uncertain economic times.

Nearly half (45%) of younger Canadians are planning to at least one vacation this year, with a further 11% planning for three vacations or more.