Tag: Canadians

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COVID-19 is melting the life expectancy of Canadians

The life expectancy of Canadians has dropped by half a year in 2020 due to the thousands of deaths attributed to COVID-19, but also because of the opioid crisis which is wreaking more havoc than ever in the West Canadian. According to a Statistics Canada study released on Monday, the life expectancy of Canadians has plummeted from 82.3 years in 2019 to 81.7 years in 2020, down 0.6 years, or almost seven months. . “This is the largest annual decline in Canada since 1921, when the vital statistics system was introduced. This decrease was more marked in men (0.7 years) than in women (0.4 years),” said Statistics Canada. Quebecers, for their part, now have a life expectancy of 82.3 years, also down 0.6 points in 2020. Men have a life expectancy of 80.6 years (-0.5 ...
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Nearly a third of Canadians are worried about their ability to finance their retirement

A full 32% of Canadians are more worried this year about not being able to fund their retirement, compared to last year, and 45% say COVID-19 has impacted their retirement plans, according to a Scotiabank survey. • Read also: Half a million civil servants have obtained a salary increase, denounces the FCC • Read also: Rise in the cost of living: a check of up to $400 for millions of Quebecers The poll results, released Monday, show that 87% of Canadians who have consulted an advisor in the past six months say they are confident about their investments. By way of comparison, this rate reached only 67% among those who had not met their adviser. “These results indicate that investors' concerns about their retirement goals decrease significantly when they meet r...