Up from 11% last year, a new Ipsos poll says 26% of Canadians could soon need financial help because of inflation and the pandemic..CanadaHelps, a charitable funding platform, conducted an Ipsos poll which found the demand from Canadians relying on financial services could inflate quickly, according to a CanadaHelps press release..Ipsos found 74% of Canadians say they are concerned about inflation and 25% said they will give less to charities in 2022 due to financial struggles..“The charitable sector is at a critical inflection point as rising inflation rates and pandemic challenges collide,” said Marina Glogovac, president and CEO of CanadaHelps..“Inflation is straining the most vulnerable communities in Canada, which also drives further demand for charitable services.”.The decline in willingness to donate is in line with the downtrend of charitable giving in the last two years..Another CanadaHelps study shows overall donations declined by 10% in 2020, despite the increase in digital donations increasing 86%..Then, in 2021, overall donations saw another 2% drop from the previous year, said CanadaHelps..“These findings reveal inflation concerns will likely impact charitable giving when it is needed most,” said Glogovac..Statistics Canada released a report indicating inflation is at a 30 year high, reaching 5.1% in January 2022..This survey used a sample size of 1,001 Canadians over the age of 18, conducted between January 28 to January 31, 2022..Ewa Sudyk is a reporter with the Western Standard.,.esudyk@westernstandardonline.com
Up from 11% last year, a new Ipsos poll says 26% of Canadians could soon need financial help because of inflation and the pandemic..CanadaHelps, a charitable funding platform, conducted an Ipsos poll which found the demand from Canadians relying on financial services could inflate quickly, according to a CanadaHelps press release..Ipsos found 74% of Canadians say they are concerned about inflation and 25% said they will give less to charities in 2022 due to financial struggles..“The charitable sector is at a critical inflection point as rising inflation rates and pandemic challenges collide,” said Marina Glogovac, president and CEO of CanadaHelps..“Inflation is straining the most vulnerable communities in Canada, which also drives further demand for charitable services.”.The decline in willingness to donate is in line with the downtrend of charitable giving in the last two years..Another CanadaHelps study shows overall donations declined by 10% in 2020, despite the increase in digital donations increasing 86%..Then, in 2021, overall donations saw another 2% drop from the previous year, said CanadaHelps..“These findings reveal inflation concerns will likely impact charitable giving when it is needed most,” said Glogovac..Statistics Canada released a report indicating inflation is at a 30 year high, reaching 5.1% in January 2022..This survey used a sample size of 1,001 Canadians over the age of 18, conducted between January 28 to January 31, 2022..Ewa Sudyk is a reporter with the Western Standard.,.esudyk@westernstandardonline.com
