In a June 2020 survey, 22 percent of Canadians said that they had recently taken on more debt due to financial issues related to the coronavirus outbreak. Despite the recent impact on the economy from the coronavirus, this is lower than it was in December 2019, when 28 percent of respondents mentioned taking on new debt.
Share of Canadian adults who have taken on new debts related to coronavirus outbreak in December 2019 and June 2020
Characteristic
Share of respondents
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Canadian Imperial Bank of Commerce. (June 29, 2020). Share of Canadian adults who have taken on new debts related to coronavirus outbreak in December 2019 and June 2020 [Graph]. In Statista. Retrieved August 24, 2024, from https://www.statista.com/statistics/1129531/canadian-adults-new-debts-since-covid-19/
Canadian Imperial Bank of Commerce. "Share of Canadian adults who have taken on new debts related to coronavirus outbreak in December 2019 and June 2020." Chart. June 29, 2020. Statista. Accessed August 24, 2024. https://www.statista.com/statistics/1129531/canadian-adults-new-debts-since-covid-19/
Canadian Imperial Bank of Commerce. (2020). Share of Canadian adults who have taken on new debts related to coronavirus outbreak in December 2019 and June 2020. Statista. Statista Inc.. Accessed: August 24, 2024. https://www.statista.com/statistics/1129531/canadian-adults-new-debts-since-covid-19/
Canadian Imperial Bank of Commerce. "Share of Canadian Adults Who Have Taken on New Debts Related to Coronavirus Outbreak in December 2019 and June 2020." Statista, Statista Inc., 29 Jun 2020, https://www.statista.com/statistics/1129531/canadian-adults-new-debts-since-covid-19/
Canadian Imperial Bank of Commerce, Share of Canadian adults who have taken on new debts related to coronavirus outbreak in December 2019 and June 2020 Statista, https://www.statista.com/statistics/1129531/canadian-adults-new-debts-since-covid-19/ (last visited August 24, 2024)
Share of Canadian adults who have taken on new debts related to coronavirus outbreak in December 2019 and June 2020 [Graph], Canadian Imperial Bank of Commerce, June 29, 2020. [Online]. Available: https://www.statista.com/statistics/1129531/canadian-adults-new-debts-since-covid-19/