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Or sign-in if you have an account.Canadians are scaling back summer plans due to cost pressures. Photo by sam_wong /Getty Images/iStockphotoMore than one in three Canadians (35 per cent) plan to spend less this summer, with 44 per cent citing fuel costs as the reason they’ll be cutting back on travel.Enjoy the latest local, national and international news.Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.Unlimited online access to National Post.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles including the New York Times Crossword.Support local journalism.Enjoy the latest local, national and international news.Exclusive articles by Conrad Black, Barbara Kay and others. Plus, special edition NP Platformed and First Reading newsletters and virtual events.Unlimited online access to National Post.National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.Daily puzzles including the New York Times Crossword.Support local journalism.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one account.Share your thoughts and join the conversation in the comments.Enjoy additional articles per month.Get email updates from your favourite authors.Create an account or sign in to continue with your reading experience.Access articles from across Canada with one accountShare your thoughts and join the conversation in the commentsEnjoy additional articles per monthGet email updates from your favourite authorsSign In or Create an AccountorThe findings come from a new TD survey, which polled a representative sample of 1,500 Canadian adults between April 17 and April 27, highlighting how persistent cost pressures are prompting Canadians to make more deliberate financial choices.Canadians who are scaling back their summer plans are doing so for two main reasons. According to the survey, 40 per cent point to higher transportation costs as a key factor, while 62 per cent are redirecting spending towards everyday costs such as groceries, fuel and housing.Get a dash of perspective along with the trending news of the day in a very readable format.By signing up you consent to receive the above newsletter from Postmedia Network Inc.A welcome email is on its way. If you don't see it, please check your junk folder.The next issue of NP Posted will soon be in your inbox.We encountered an issue signing you up. Please try againCanadians are adapting to cost pressures through practices like redeeming loyalty points (66 per cent) and choosing lower-cost options like second-hand or DIY (36 per cent).And when it comes to travel, 44 per cent of Canadians polled said the rising cost of fuel and airfares is shaping their summer travel choices. Meanwhile, 61 per cent of those still planning trips are actively cutting travel costs.This may not come as a surprise, as fuel surcharges resulting from the conflict in Iran continue to make almost everything more expensive. Documents recently obtained by National Post show that Canadian trucking and delivery companies have passed increased fuel costs on to customers, which economists say ultimately raises consumer prices.And Canadians have been travelling less for months now. Data from Statistics Canada released in February showed that trips abroad made by Canadians fell by 24.4 per cent in the third quarter of 2025 compared to the same period in 2024.But there is one generation that’s bucking the trend.The TD Survey found that Gen Z Canadians are the most likely to increase spending this summer, with nearly one-in-four (24 per cent) planning to spend more on travel.Gen Z respondents also shared intentions to spend more on ‘FOMO’-driven experiences (30 per cent), dining out at trendy restaurants (29 per cent) and shareable or photo-worthy activities (28 per cent) this year.A key driver of this is social pressure, which 32 per cent of Gen Z respondents said is influencing their summer spending decisions — more than double the national average of 14 per cent.Meanwhile, support for homegrown businesses remains strong, with 79 per cent planning to support local or Canadian businesses this summer. Additionally, 76 per cent of those who are planning to travel intend to stay within Canada, with 55 per cent exploring their own province and 41 per cent travelling elsewhere domestically.This follows a recent report from Airbnb, which recorded a record year for Canadian domestic travel in 2025. The company estimated that all travel in Canada generated a record of nearly $10.9 billion in economic activity last year.“Canadians chose to explore their own country in record numbers in 2025, with over 9.5 million domestic guest arrivals, accounting for over 60 per cent of all trips on Airbnb — up more than 50 per cent since 2019,” the report said.With 48 per cent of respondents in the TD survey saying their desire to support local businesses is stronger than last year, Canada may be headed for a second record-breaking summer of domestic travel, even amid ongoing cost-of-living pressures.Our website is the place for the latest breaking news, exclusive scoops, longreads and provocative commentary. Please bookmark nationalpost.com and sign up for our daily newsletter, Posted, here. Join the Conversation This website uses cookies to personalize your content (including ads), and allows us to analyze our traffic. Read more about cookies here. 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