Pandemic leaves Canadians either seeking help or with extra cash

The financial impact of COVID-19 could take years to fully understand. What we do know is that not every Canadian was dealt the same hand.

“I think one thing: regardless of how you fared during COVID, it threw a stick of dynamite on everyone’s finances,” says financial expert Kelly Keehn.

Keehn says Canadians can be divided into two groups. The first are those that used government programs like the Canadian Emergency Response Benefit (CERB) to pay their bills and continue to struggle making ends meet in a tough economy. The second are full-time workers with benefits who put off spending money on vacations and are now sitting on extra cash

Mike Drolet takes a look at the uneven economic impact of the last year.

MORE: https://globalnews.ca/news/7685042/coronavirus-canadian-economy-one-year-later/

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Source: Global News

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