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3 in 10 Canadians couldn’t pay bills if they lost job due to coronavirus, per Ipsos survey
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If nearly 40 per cent of Canadians under the age of 55 lost their jobs because of the coronavirus pandemic, they would have one week or less of savings to cover costs like food and rent.
That’s according to an Ipsos poll, commissioned by Global News, which shows that while the average person has nearly three months worth of savings, “a significant proportion of Canadians have almost no capacity to pay for their bills without an income.” While that situation has undoubtedly been brought into sharper focus by news that Canada lost one million jobs in March, it’s not a new dilemma.
People have been sounding the alarm about rising food and rent costs for years. More than a quarter of Canadians indicated they’d be out of money within a month if
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COVID-19
United States
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Cases: 46 252 513
Deaths: 750 423
Recovered: 0
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India
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Cases: 34 321 025
Deaths: 459 652
Recovered: 0
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Brazil
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Cases: 21 835 785
Deaths: 608 235
Recovered: 0
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United Kingdom
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Cases: 9 215 683
Deaths: 141 607
Recovered: 0
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Russia
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Cases: 8 494 589
Deaths: 237 619
Recovered: 0
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