
Yesterday it was about money lost, Today’s question is all about money spent by Canadians. Our Question of the day is: On average, Canadian families spend $480 per year on this. What is it?
While there are many things this could have been with the two hints of it not being a specific product as well as it being targeted at a younger audience the answer was come upon a few times.
Answer: Back to school items.
“The purchase of school supplies, clothes and personal computers, for instance, is a common practice amongst families that prepare for school season. Merchandising and retailers named this period prior to the beginning of the school year as back-to-school season.”
Source: https://www.statista.com/topics/3203/back-to-school-market-in-canada/