Millennials and women worrying more about finances due to COVID-19

Millennials age 18-34 (45%) are worrying more about their finances than pre-pandemic
Women (42%) are worrying more than men (35%) about their finances since the start of the pandemic
Canadians who received the Canada Emergency Response Benefit (CERB) worry twice as much about their finances than those who did not receive the benefit
TORONTO, Dec. 15, 2020 /CNW/ - Nearly 40% of Canadians are worrying more about their finances since COVID-19 began, spending an average of 16 hours a week worrying. Meanwhile, 28% of Canadians say that they do not spend any time worrying about their finances.
Millennials age 18-34 (45%) are worrying more about their financial health since the start of the COVID-19 pandemic. Women (42%) reported worrying more than men (35%) about their finances since the start of the pandemic, reinforcing Scotiabank Economics' commentary on the impact the recession has had on women.

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