Back-to-school shopping used to be fun, and then 30-year high inflation happened.
Driving the news: According to a recent poll, one-third of Canadian parents are spending more on back to school than last year, and nearly all say inflation is impacting their spending.
- Deloitte’s national retail leader said parents are spending $500-$600 (on average) on supplies, clothing, and electronics, after cutting back for two pandemic school years.