Canadian reasons for new debts since the COVID-19 outbreak 2020

Published by S. Galan, Aug 6, 2024
During a June 2020 survey, it was found that 22 percent of Canadian adults have taken out new debts since the coronavirus outbreak. Among the respondents, 38 percent said they needed this money to cover their day-to-day expenses.

Leading reasons for Canadian adults to take out new debts due to the coronavirus outbreak as of June 2020

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Release date

June 2020

Region

Canada

Survey time period

June 8 to 9, 2020

Number of respondents

1,517 respondents

Age group

18 years and older

Method of interview

Online survey

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