Pandemic Driving Younger Canadians To Focus on Protecting Their Financial Future More Than Ever

Submitted by Business Link Web on Wed, 04/14/2021 - 10:34

It has been one year since the pandemic started in Canada. This past year has tested Canadians' physical, mental and financial health in many ways and data is starting to surface interesting impacts across demographics. Two groups focusing more on planning and saving for the future because of the pandemic? Canadian Gen Z (aged 18-23) and Millennials (aged 24-39).

A recent survey by Sun Life found that 80 per cent of Millennials want to protect their financial future now more than ever due to COVID-19. This number increases to 89 per cent for Gen Z.

Smartphone Subscriptions More Than Doubled In 5 Years - 11% CAGR From 2016-2020

Submitted by Business Link Web on Fri, 04/09/2021 - 09:53

Smartphones have become ubiquitous in today’s society, giving us the ability to control many aspects of our lives with just our fingertips.  Today’s smartphones act as a portal to our everyday needs and desires; from banking to shopping, from work to leisure, from hobbies to passions, our smartphone allows us to connect with the world more than ever before.

Urban Flight: Canada’s Top Places to Move to if You’re Trying to Escape the City

Submitted by Business Link Web on Wed, 04/07/2021 - 09:34

Since the start of the pandemic, Canadians have been exploring new living arrangements including moving out of big cities in search of greater affordability and more space. A recent RATESDTOCA survey revealed that of the 12 percent of Canadians who plan to purchase or have already purchased a primary residence since April 2020, almost a quarter of them said that COVID-19 played a role in their decision-making. One in five (21 percent) homebuyers have moved or plan to move from a major city hub to a small town/rural area.

1 in 3 Remote Workers May Quit if Required to Return to the Office Full Time, Robert Half Survey Finds

Submitted by Business Link Web on Tue, 04/06/2021 - 09:47

Employees Reveal What Would Ease Their Transition Back On-Site

TORONTO, April 6, 2021 /CNW/ - More companies are calling workers back to the office, but will they readily return? A new study by global staffing firm Robert Half shows that about one in three professionals (33 per cent) currently working from home due to the pandemic would look for a new job if required to be in the office full time.

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