How Much Do Canadians Spend On Their Pets?

How Much Do Canadians Spend On Their Pets?  

Caring for a pet is a big responsibility. It is an expensive commitment as owners need to provide food, toys, and medical care for their furry friends. But how much do Canadians really spend on their pets?

1 – Total Overall Spending on Pets  

Canadians tend to regard their pets as family members, and many people have 2 or 3 pets in their household. In 2019, Canadians spent a staggering $8 billion on their pets, with over 95% of Canadian households owning at least one pet.

2 – What Are the Pet Spending Habits of Canadians?  

Canadians have a wide array of pet spending habits, largely dependent on their personal income levels. In general, upper-class Canadians tend to spend more on their pets than lower-income Canadians.

Lower Income Canadians

Lower-income Canadians spend $181.12 per month on their pet. This figure is largely driven by the cost of buying pet food and basic health-care products, such as flea and tick control, heartworm prevention, and regular check-ups.

Middle Income Canadians

Middle-income Canadians spend an average of $358.45 per month on their pet. This figure usually represents more than half of the pet owner’s monthly expenses. Common pet-related expenses for this range of income include boarding, vet visits, pet accessories, pet insurance, grooming, and daycare.

Higher Income Canadians

Higher-income Canadians spend a whopping $481.12 per month on their pet. Among affluent pet owners, much of their expenditure goes towards luxury items, such as pet designer clothing, fancy bowls, pet taxis, pet spas, pet vacations, and in-home pet sitting.

3 – Regional Distribution of Pet Spending  

Pet spending in Canada is not uniform throughout the country. Some parts of the country have higher pet spending than others. The highest spending is usually centered in urban areas and in wealthier provinces, while lower spending is usually found in more rural areas.

Ontario

Ontario is the most populous province in Canada and one of its wealthiest. As such, it leads the way in terms of spending on pets, with $2.6 billion in total spend in 2019.

Manitoba

Manitoba is a wealthy and developed province, often referred to as the “Heart of Canada.” Pet spending in Manitoba is high, accounting for $529 million in 2019.

Quebec

Quebec is another populous province, with a high percentage of households owning pets. Pet spending in Quebec accounts for around $1.6 billion.

British Columbia

British Columbia is a beautiful, affluent area of Canada, and this correlates to its pet spending. In 2019, Canadian pet owners in British Columbia spent $1.4 billion on their furry friends.

Alberta

Alberta is the wealthiest and most developed province in Western Canada. Pet spending in the province accounts for $1.2 billion in 2019.

4 – Reasons for Increased Pet Spending in Canada  

Increased pet spending in Canada reflects a shift in the pet ownership culture in the country. There are several reasons behind this shift.

Ease of Purchasing

It is now easier than ever before to purchase pet products online. This makes it much easier to purchase pet items quickly and conveniently, while also allowing pet owners to take advantage of discounts and sales.

Health Conscious

Canadians are becoming increasingly health conscious. This spills into their pet ownership practices, as pet owners are now more inclined to purchase healthy pet foods and high-quality accessories.

Perception of Pets as Family Members

Canadians increasingly perceive their pets as members of their family, and as such, they are increasingly willing to spend larger amounts of money on their pets.

5 – What Does the Future Hold for Pet Spending?  

There is no doubt that pet spending in Canada will continue to increase in the future. This is due to a number of factors, from changing attitudes to changing technologies.

As Canadians become more and more accepting of their pets as family members, they will continue to invest more in their pets, as they would in any other family member.

In addition, new technologies, such as pet monitors and other pet “wearables,” will make it easier and more convenient for pet owners to monitor their pet’s health. This will lead to increased spending on pet health products and services.

Canadians love their pets, and this shows through the staggering amount of money spent annually on their furry friends. From lower-income Canadians spending $181.12/month to higher-income spending $481.12/month, it is clear that Canadians have a strong commitment to their pets. The future looks bright for pet spending in Canada, as attitudes towards pets and technology continue to evolve.

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