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Financial well-being of working Canadians up slightly but still at pre-pandemic levels

Like many in the U.S., some Canadians rely on friends and social media as their primary source of financial information.

By Alan Goforth | June 21, 2021 at 09:27 AM
Vancouver BC city and harbor with Canadian flag (Photo: Shutterstock)

Working Canadians continue to have a lower level of financial well-being than they did before the pandemic, according to a new report from LifeWorks.

“Canadians are still feeling the impact of the pandemic on their financial situation,” said Idan Shlesinger, executive vice president of LifeWorks. “While some Canadians have successfully managed their finances during the pandemic, better education is needed to help them plan for the future and overcome the financial challenges they may be facing due to the pandemic. The first step of helping Canadians to improve their financial health is to provide reliable sources of information.”

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