Canadian couples want money for wedding gifts to buy a home: survey - BERITAJA

A caller Royal Lepage survey suggests a ample information of Canadian couples are consenting to skip connected wedding gifts successful favour of rate that mightiness thief them acquisition a home.

The study recovered that about 8 successful 10 (79 per cent) Canadians would “consider requesting money for a down payment connected a location arsenic a wedding gift” alternatively than receiving a accepted wedding gift.

Of those, 37 per cent of respondents said they would “definitely” do this, while 42 per cent said “maybe.”

Among respondents who are already married, 57 per cent opportunity they would person liked to petition money for a down costs connected a location alternatively of a wedding gift, while 10 per cent opportunity they did successful truth petition money for their wedding.

When looking backmost astatine their ain wedding, much than half (55 per cent) of joined respondents said they would person “forgone aliases importantly scaled backmost a wedding to put money towards a down costs connected a home.”

Eighty-two per cent besides said they would do the aforesaid correct now.

In British Columbia, respondents said they are the about apt to petition financial contributions toward a down costs successful spot of different wedding gifts.

In comparison, those successful Manitoba, Saskatchewan and Quebec are little apt to do the same.

A February 2026 study by Equifax Canada recovered that Canadians took connected more mortgage indebtedness successful 2025, equalling adjacent to $2 trillion.

This is an summation of 2.6 per cent compared to February 2024.

BMO’s Annual Retirement Survey besides recovered successful February 2026 that connected average, Canadian couples opportunity they request $1.7 cardinal successful savings to beryllium capable to discontinue comfortably. This fig roseate from $1.54 cardinal successful the erstwhile year’s survey.

This intends each personification successful a mates would person to person about $850,000 to scope that goal.

In addition, a March 2026 H&R Block Canada survey suggested that financial circumstances could beryllium portion of why Canadians enactment successful relationships.

The information recovered that 73 per cent of Canadians judge that “many group enactment together in marriage or in common rule relationships for financial reasons.”

Eighty per cent of Canadians said life is much affordable successful a narration versus being single.

Nearly 1 successful 4 (23 per cent) of surveyed Canadians besides said they for illustration the thought of a “five-year renewable narration contract” alternatively of getting married.