TORONTO — A new study has found that the pandemic provided Canadians the opportunity to rethink their financial goals, with many moving, switching careers and…
The study, conducted by Maru Public Opinion on behalf of CIBC in early August, found that 67 per cent of Canadians are re-evaluating their priorities as COVID-19 restrictions come to an end.Sign up to receive daily headline news from Ottawa Citizen, a division of Postmedia Network Inc.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc. You may unsubscribe any time by clicking on the unsubscribe link at the bottom of our emails.
Those surveyed reported having made significant life decisions during the pandemic, such as 17 per cent changing jobs and 12 per cent moving to a new home. Looking ahead, more than one-third of Canadians say they are planning to travel within the next 12 months and 13 per cent say they are planning for a large purchase.
The poll also found that more than half of Canadians say their current financial position is holding them back from making changes in their lives amid the rising cost of living and 75 per cent of respondents say they are now more focused on smaller, more practical goals. The polling industry’s professional body, the Canadian Research Insights Council, says online surveys cannot be assigned a margin of error because they do not randomly sample the population.Share this article in your social network
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