financial stress – Benefits Canada.com

Millennials, gen-Xers hit hardest financially during pandemic: survey

mdunne — Thu, 24 Jun 2021 13:00:11 +0000

The coronavirus pandemic is financially impacting generation Z, millennials, generation X and baby boomers differently. Canadians from the millennial (22 per cent) and gen-X (25 per cent) cohorts were slightly more than two-times more likely than baby boomers (10 per cent) to have said the pandemic significantly set them back financially, according to a new […]

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Canadians worrying about financial stress, job loss and retirement amid pandemic: survey

bwolfe — Tue, 30 Mar 2021 13:00:19 +0000

As the world and Canada enters year two of the coronavirus pandemic, it’s continuing to have an uneven impact on Canadians’ finances, according to a new poll by the Angus Reid Institute. The poll found 34 per cent of Canadians were worse off now than they were 12 months ago, with 45 per cent of […]

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How employers can support employees’ financial literacy, wellness amid DIY-investing craze

bwolfe — Fri, 05 Mar 2021 05:00:44 +0000

Possibly getting rich quick with a few swipes on one’s phone certainly sounds appealing and based on recent statistics and news reports, more and more Canadians are diving headfirst into the choppy do-it-yourself investing waters. According to Investor Economics, a financial services research firm, Canadians opened more than 2.3 million gross new accounts between January […]

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