The Tooth Fairy has officially revealed the going rate for a baby tooth in Canada. According to a Visa Canada survey released today*, Canadian children under the age of 13 will receive an average of $3.44 per tooth under their pillows, a 23 per cent increase from last year's Tooth Fairy payout of $2.80 per tooth. The survey, conducted separately in the United States during the same period, revealed the American Tooth Fairy will leave an average of $3.19 USD per tooth, a decrease of 6 per cent from the 2014 average.
Baby teeth are a hot commodity for Canadian kids. With a price tag of $68.80 for a full set of 20 baby teeth, piggy banks across the country are poised to profit. While some lucky kids (5 per cent) will receive more than $20 per tooth, 30 per cent of survey respondents indicate that their kids can anticipate a toonie under their pillow. Fifteen per cent of kids can expect at least five dollars, and 12 per cent of children will receive less than a loonie.
About the Survey:*The survey results are based on 2,003 telephone interviews conducted nationally of parents with children 13 years and younger from June 3 to June 18, 2015, in cooperation with Research House National Telephone Omnibus.