Staycation vs Vacation?

We took the family to Drumheller over the last week. If you haven't been there, you should add it to your list. The Royal Tyrrell Museum is an amazing museum all about dinosaurs set right in the badlands of southern Alberta. We stayed at River Grove Campground. We would stay there again. Of course we packed the cooler up with everything we needed, though we did allow ourselves to stay for lunch at the museum the one day.

3 years ago we decided to make sure we took some sort of holiday with the kids each year, whether it was an extravagant, long-saved-for vacation or a staycation. I'd always thought of staycations as smaller, less expensive, closer-to-home adventures. Not always "at home" each night, but not far either.

Last week my friend and I had a discussion about staycations. She thought of them as things you do in your city or area, that travelling away and setting up a tent counts as a vacation. Wikipedia seems to think both answers could be correct. What do you think? What do you do when you "staycate"?