The Reminder is making its archives back to 2003 available on our website. Please note that, due to technical limitations, archive articles are presented without the usual formatting.
While Canadians flocked to retail stores in record numbers during December, a Visa Canada survey reveals that 79 percent plan to pay off their holiday shopping bills by the end of February. When combined with an earlier Visa study showing that 71 percent of credit card holders pay off their balances all or most of the time, holiday shoppers seem committed to tackling their credit card balances. During the 2004 holiday season, Canadians spent $15.2 billion on their Visa cards during peak season (November 26 to January 4), representing a ten percent increase over last year.