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.