Pandemic causing worry among Canadians regarding finances: poll
Posted Mar 28, 2020 12:10:15 PM.
Last Updated Mar 29, 2020 08:44:57 AM.
CALGARY (660 NEWS) – A new poll suggests many Canadians are living on the edge financially, as they wait for the federal emergency aid to come amidst layoffs.
An Angus Reid survey interviewed over 1,600 Canadians.
The poll indicated 44 per cent of people had someone in their household lose work due to the pandemic.
As many await the forthcoming federal government financial aid program, three-quarters now say they're worried that COVID19 will adversely affect their personal finances: https://t.co/ZOHT1Sz3d6 pic.twitter.com/LFuRenWriy
— Angus Reid Institute (@angusreidorg) March 26, 2020
Within that group, more than 60 per cent of people said their employers were not covering lost wages.
Dave Korzinski is a Research Associate with Angus Reid who says, it’s a rarity for employers to keep people on the payroll during the outbreak.
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“That really kind of underscores the difficult situation that people are in who are in things that have been deemed non-essential services,” Korzinski said.
Adding the ones hit the hardest is young people who make up much of the service industry’s workforce.
Overall, one in three Canadians is worried about making their rent or mortgage payments.