Support for local business high, Interac survey finds

Interac recently released results from a Canada-wide survey seeking to “better understand trends related to the post-pandemic recovery.”
 
Half of Canadians said they were willing to pay more to support small businesses rather than an online-only retailer, and the pandemic has accelerated adoption of digital transactions.  A few highlights:

  • 58% of British Columbians are shopping more at local retailers to support local businesses.
  • During the pandemic, there has been a 43.2% increase year-over-year in the use of e-Transfer
  • 3 in 4 British Columbians agree being in control of spending makes them feel more optimistic about their financial future.