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How many Canadians continue to use cash

14.02.2023
How many Canadians continue to use cash
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A study by Dalhousie University shows that only 6 percent of Canadians still pay exclusively in cash.

In collaboration with Angus Reid, the University of Halifax conducted a nationwide survey that surveyed more than 1,500 Canadians in January.

Among the groups that pay in cash at grocery stores, the largest percentage is in Manitoba – 13%, while Alberta, along with Quebec and Saskatchewan, is among the smallest – 5%.

Credit cards are the most popular payment method in British Columbia at 58 percent, while in Manitoba and the Atlantic Provinces this figure is the lowest at 37 percent.

Only 27 percent of Canadians believe that the use of cash is outdated, while 74 percent of Canadians believe that the use of cash is inconvenient. Only 26 percent of Canadians believe that within five years grocery stores will not accept cash.

Sixty percent of Canadians believe that cash is important because it is the only way to support some charitable organizations that collect donations in grocery stores.

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