Results: Canadians In A Better Debt Position Now Than When Pandemic Began: StatCan
Published on 09/12/2020
The amount Canadians owe relative to their income fell in the second quarter as government aid to help offset the economic impact of the COVID-19 pandemic helped lift disposable income while the amount of debt was relatively unchanged.
QUESTIONS
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Comments
1.
1.
Did you receive any government aid during the pandemic?
Yes
50%
1559 votes
No
50%
1561 votes
2.
2.
Do you have more or less debt now than before the pandemic started? More debt
17%
517 votes
Less debt
15%
459 votes
About the same
47%
1453 votes
Not Applicable
22%
691 votes
3.
3.
Are you still trying to spend less money than before the pandemic started? Yes
60%
1861 votes
No
19%
597 votes
Undecided
9%
276 votes
Not Applicable
12%
386 votes
4.
4.
Some people have said the pandemic helped them save money and pay off debt due to not being able to go out/go to the gym etc. Would you say you are in a better or worse financial position due to the coronavirus? Better
18%
550 votes
Worse
21%
645 votes
About the same
62%
1925 votes
COMMENTS