Majority of Canadians looking forward to gatherings with friends and family when pandemic ends: survey

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Published May 6, 2021 at 1:20 am

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What are you most looking forward to returning once the pandemic is over?

A recent survey from Soctiabank found most Canadians—30 per cent of respondents—are most excited to host and attend large gatherings with their friends and family.

The second-most common answer involved traveling–16 per cent of respondents said they were most looking forward to traveling via airplane outside of Canada, followed by 14 per cent of respondents who said they were most excited to eat at a restaurant with their friends.

Surprisingly, despite the fact gyms have been closed in many parts of the country for a significant length of time, only four per cent of respondents were looking forward to their reopening.

Additionally, according to the findings, many Canadians credit the pandemic for forcing them to develop good habits, which they intend to continue—34 per cent said they plan to continue refraining from frivolous spending, while 34 per cent plan to continue researching products before making a purchase, 28 per cent intend to continue putting money away for an emergency, and 28 per cent will continue to adhere to a monthly budget.

Further, 46 per cent of respondents said they have been able to save more money during the pandemic than they normally would, and 47 per cent believe they’ll be able to maintain the same level of saving when the pandemic ends.

“We’re seeing a record number of deposits in Canadians’ bank accounts which presents a huge opportunity, especially for the sectors hit hardest by the pandemic, like travel and hospitality,” D’Arcy McDonald, SVP of Deposits, Investments, and Payments at Scotiabank, said in a news release.

“The Scotiabank survey highlights Canadians’ eagerness to spend on what they’ve missed out on for more than a year–travel, restaurant dining, attending social events–but we’re encouraged that so many plan on carrying the strong money habits they’ve developed in the future,” he continued.

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