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Back to school spending

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Our economy is expected to get a bit of a boost this month.

A survey by the Bank of Montreal suggests families will spend an average of $319 for back-to-school.

It says consumers expect to pay $25 to $40 for things like pencils, notebooks and binders, and between $210 and $260 on clothes.

The back-to-school shopping season trails only Christmas as the most important of the year for retailers.