Toronto, February 23, 2022 (GLOBE NEWSWIRE) — CanadaHelpsThe country’s largest platform for online donations and financing today released the results of a new Ipsos poll highlighting the impact of rising inflation on charitable donations. Most Canadians (74%) are concerned about inflation, and 17% went to charity in 2022 because of the financial implications of inflation, according to an Ipsos poll conducted on behalf of CanadaHelps. Will reduce donations. The number of Canadians who rely on charitable services in 2022 to meet their basic needs for pandemics and inflation could rise from 11% today to one in four (26%). I have.
Results of the Ipsos Poll on Charitable Donations:
- Twenty-five percent of Canadians plan to reduce charitable donations in 2022 compared to 2021.
- By comparison, only 15% plan to donate to charities in 2022 rather than 2021. Of those who plan to donate more, 6% say their decision is influenced by the effects of inflation.
Most Canadians are worried about inflation
Inflation reached its highest level in 30 years, reaching 5.1% in January 2022 *. This has serious implications for Canadians. The majority of Canadians (82%) expect their economic situation to be adversely affected in some way. A significant proportion of Canadians (15%) say they can’t afford food, medicine, gas and other necessities, and 29% need to reduce these necessities if inflation continues to rise. I have. The majority (52%) need to reduce their spending on non-essential things such as travel, entertainment and eating out. On the other hand, 33% need to reduce their savings and 15% need to start spending their savings to cover the basic costs. One in five (19%) needs to reduce debt repayment.
“Inflation is at a critical turning point as rising inflation clashes with pandemic challenges. Inflation is straining Canada’s most vulnerable communities, which also drives further demand for philanthropic services. “We are,” said Marina Glogovac, President and CEO of Canada Helps. “These findings reveal that inflation concerns are likely to impact charitable donations when they are most needed.”
Rising inflation emerged as a problem in late 2021, and Ipsos polls provide evidence of a trend of concern. According to polls, 23% of respondents reported low donations to charities in 2021, with 1 in 10 people having high inflation (10%) or a pandemic as a factor limiting their ability to donate. (10%) is mentioned.
Online donations increased 86% in 2020, while Canada’s overall donations are projected to decline -10% in 2020. 2021 report Published by Canada Helps. In 2021, $ 465 million was raised online at CanadaHelps.org. This is a -2% year-on-year decrease, indicating that online growth is slowing.But there was Several Ways to Give Rise Using Canada Helps in 2021This includes donations collected through monthly donations (up 21%), while donations of securities such as stocks, bonds and investment trusts raised $ 91% more than the previous year.
“The monthly donations and securities growth seen in 2021 show that those in a position to donate are looking to more strategic donation methods,” says Grovovac. “Crisis times often bring about the greatest change, so we hope that Canadian donors who are in a position to help close the lost funding gap will continue to support the needy community.”
You can download the source data of the Ipsos poll here..
In this survey, a sample of 1,001 Canadians over the age of 18 was interviewed between January 28 and 31, 2022. Next, we confirmed that the composition of the sample reflected the composition of the adult population, according to the census data, and adopted weighting to balance the demographics to provide the intended results. Approximate the sample universe. The accuracy of Ipsos online voting is measured using confidence intervals. In this case, if all Canadians over the age of 18 were voted, the vote would be 19 out of 20 with an accuracy of ± 3.5 percentage points. Confidence intervals are wider across a subset of the population. All sample surveys and votes can cause other errors, including, but not limited to, coverage and measurement errors.
About Canada Helps
CanadaHelps is a public foundation that promotes philanthropy through technology. For Canadians, we will strengthen CanadaHelps.org, a safe and reliable destination for discovering and supporting Canadian charities. UniteforChange.com, Canadians can easily learn about the causes and easily support the collaboration of charities working on the causes of interest. CanadaHelps also offers affordable funding techniques used by over 25,000 charities and free training and education to empower all charities of all sizes to increase their influence and succeed in the digital age. Is developing. Since 2000, more than 3.4 million people have donated more than $ 2.1 billion through Canada Helps. Connect to Canada Helps twitter, Facebook, Instagram When LinkedIn..
* Statistics Canada: https://www150.statcan.gc.ca/n1/daily-quotidien/220216/dq220216a-eng.htm
Public relations on the main street
Photos accompanying this announcement are available at https://www.globenewswire.com/NewsRoom/AttachmentNg/91ae2788-0679-4083-893f-77afbe507f1e.
CBJ News Maker
A new Ipsos poll reveals that 26% of Canadians, from 11% due to pandemics and inflation, may need immediate philanthropic services to meet their basic needs, Canadian Business. Journal
Source link A new Ipsos poll reveals that 26% of Canadians, from 11% due to pandemics and inflation, may need immediate philanthropic services to meet their basic needs, Canadian Business. Journal