Canadians plan to spend an average of $107 on mom this year, up from $84 in 2012, according to BMO Bank of Montreal's (BMO,BMO.TO) 2013 Mother's Day Survey.
The survey, conducted by Pollara, also revealed that the majority (68 per cent) plan to give mom a gift for Mother's Day, nearly half will give a card (47 per cent) or flowers (45 per cent), and 38 per cent will take her out to a restaurant. The Residents of Ontario and Alberta are the most likely to open their wallets wide for mom this year ($122 and $120). Men plan to spend more than women this Mother's Day ($119 versus $96).
The survey also explored intentions for Father's Day and revealed that Canadians expect to spend slightly less on Dad - an average of $95. Similar to Mother's Day, men plan to spend more than women on Dad this year ($110 versus $80). For nearly half (44 per cent) of those opening their wallets for Mom this year, credit cards and cash remain the most preferred method of payment, according to the survey.
BMO said it offers the BMO AIR MILES bank account or BMO AIR MILES World credit card, which allows customers to accelerate rewards earnings and significantly enhance the value of every dollar spent by allowing you to "double dip" - essentially earning rewards twice on the same purchase.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.