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  "documentTitle": "INVESTING AND THE COVID-19 PANDEMIC",
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      "text": "Nearly half (45%) of Canadian investors who were saving money for a financial or personal goal have stopped contributing towards these goals during COVID-19.",
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      "text": "savings contribution rate: 45%",
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      "text": "Savings for travel and large purchases, such as an automobile, were hit the hardest (51% of those saving for travel have stopped and 37% of those saving for a large purchase have stopped), but more concerningly, one-third have stopped saving for their education (35%) or for a house (30%). However, over 8 in 10 of those saving towards goals like their children's education or retirement have continued to make progress towards these goals.",
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      "text": "Lower-income households have been the hardest hit (with 58% having stopped saving). Understandably, worries about one's monthly expenses weighed heavily on the decision to stop saving. For instance, those who have stopped saving were twice as likely to be worried about their current ability to pay their monthly expenses than those who continued saving (34% vs. 15%).",
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      "text": "Nearly half (45%) of Canadian investors who were saving money for a financial or personal goal (ranging from travel to retirement) have stopped contributing towards these goals during COVID-19. This represents about 35% of all Canadians.",
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      "text": "Interestingly, those who stopped saving were more inclined to believe their finances will be impacted by COVID-19 until at least October 2021 to March 2022 than those who continued saving (31% vs. 22%). Furthermore, those who are continuing to save were more likely to be unsure than those who stopped saving about when they will no longer be impacted by COVID-19 (32% vs. 19%).",
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      "text": "Knowledge of one's personal financial situation also appears to have played a role in these savings behaviours. Those who have continued saving indicated a better understanding of their financial situation (24% 'strongly disagree' that they need a better understanding of my financial situation vs. 17% among those who stopped saving).",
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      "text": "FINANCIAL GOALS",
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