Everyone’s heard of America’s ‘Black Fridays’. It is the day after Thanksgiving where many retails have holiday sales that start at 4AM in the morning and lasts till some time over the weekends. Statistic shows that 70% of Canadians recognize the term, Black Friday and that many take this chance to cross borders to join such tradition in the United States. In Canada, however, sales don’t start till December 23, known as ‘Boxing Day’.

This year, Walmart Canada has started calling their sales ‘Black Friday’ which would last throughout the weekend. Since many other retailers are also joining the ‘Black Friday’ tradition, we could assume that these retailers are trying to achieve a higher turnover rate by moving the flow of their inventory. However, it is indicated in this article here, that even if Canada decides to have holiday sales, prices won’t compare to the prices of the U.S. A survey conducted through Bank of Montreal (BMO) has shown that 18% would still cross borders to enjoy the prices U.S. retailers have to offer. Nevertheless, this is only the beginning of a tradition in Canada. Hopefully in the long run, local retailers are able to be comparable to those in the U.S.