Hi Welcome You can highlight texts in any article and it becomes audio news that you can hear
  • Thu. Nov 28th, 2024

COVID-19 already having an impact on Canadians’ financial health, survey suggests | CBC News

Byindianadmin

Mar 25, 2020
COVID-19 already having an impact on Canadians’ financial health, survey suggests | CBC News

In addition to its serious health consequences, COVID-19 is causing Canadians to worry about their financial health, according to a survey commissioned by the Angus Reid Institute.

People line up at a Service Canada office that processes EI claims in Montreal this week. Jobless benefit applications have already surged to a record. (Paul Chiasson/Canadian Press)

In addition to its serious health consequences, COVID-19 is causing Canadians to worry about their financial health, according to a survey commissioned by the Angus Reid Institute.

The results suggest the virus outbreak is already having a major impact on Canadians’ finances.

More than a third (34 per cent) of respondents said they were worried about missing a rent or mortgage payment this month because of the virus, which has caused widespread layoffs and a drastic reduction in the amount of paid work available for those lucky enough to have kept their jobs.

Among those surveyed, 44 per cent said they had either lost work th

Read More

Click to listen highlighted text!