Expected changes in spending habits during the recovery period
Author:
Topic: Financial behaviour/decisions
Publisher: Statistics Canada
Location: Canada
Format: Survey / Survey results
Content Type: Research
Publication Date: July 22, 2020
, Topic: Financial behaviour/decisions
Publisher: Statistics Canada
Location: Canada
Format: Survey / Survey results
Content Type: Research
Publication Date: July 22, 2020
Around mid-June, physical distancing measures began easing across the country, giving Canadians more opportunities to spend money. However, COVID-19 is still with us, shopping habits have changed and there are 1.8 million fewer employed Canadians now than there were prior to the pandemic.
How our economy evolves going forward will largely depend upon the spending choices Canadians make over the coming weeks and months. This study presents results from a recent web panel survey conducted in June, looks at how spending habits may change.
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