The BMO Real Financial Progress Index reveals 65% of Canadians plan to give back to their community this holiday season, despite rising costs and economic uncertainty. The Index was developed based on a survey of 2500 adults conducted by Ipsos in Canada and the U.S. from September 3 to October 11, 2025. According to BMO, quotas and weighting were used to ensure the composition of the samples reflects that of the Canadian or U.S. population according to census parameters.

• Giving With Meaning: Among the 65% of Canadians planning to give back, 58% say they want to help people in need, and half (51%) aim to support causes they care about. Additionally, 26% hope to teach their families the importance of giving.
• The Spirit of the Season: More than a quarter (28%) of Canadians plan to give money this holiday season, while 29% of Canadians have already donated throughout the year.
• Giving During Uncertainty: 65% of Canadians wish they could give more but say they are financially limited this year, with 31% of Canadians planning to donate less.

For further information about the BMO Real Financial Progress Index, click here.