@paulbusch@mstdn.ca2025-12-18 12:53:13
Good Morning #Canada
Are you still looking for that perfect Christmas gift? Years ago I found myself shopping for my wife's Christmas present on December 23rd. Never again. For those of you still shopping it's inevitable that you're going to be standing in front of the Gift Card rack and mentally convincing yourself that the recipient will love a full gas tank or a Timmies coffee and donut. Canadians will buy close to $12 billion in Gift Cards in 2025, with a lot of that in the next 5 days. Recent changes to legislation have made it illegal to charge processing or activation fees on cards purchased with cash and there is no expiry date. That last point is important because companies are betting that a certain percentage of cards are never redeemed and it's estimated that approximately 40% of all cards are never used. I personally like getting a gift card as it allows me to choose something I want, and I always thank the gifter once I've used it.
#CanadaIsAwesome #GiftCards
