A new CIBC poll finds the last two years of the pandemic have brought about big life changes for Canadians and many have used this time of transformation to re-evaluate what matters most and to make significant changes in their lives.

Those changes include changing employment (17 per cent), moving to a new home (12 per cent), and acquiring a new pet (11 per cent). Despite these big events, nearly half of Canadians (46 per cent) are still looking to make a substantial life change and over half (55 per cent) believe their current financial position is holding them back from making changes in their lives.

Many Canadians (67 per cent) are reevaluating their priorities this year. Looking ahead to next year, some Canadians plan to travel in the 12 months (36 per cent), others are planning a large purchase (13 per cent) and 12 per cent are considering a change in employment.

Top reasons for a change in employment include (among those who have changed or plan to change):

• Better pay: 34 per cent
• Better benefits (e.g., vacation, health benefits, flexibility, etc.): 25 per cent
• Need for a life change: 24 per cent
• Need for a change in work environment/culture: 23 per cent
• Better work-life balance: 22 per cent

Get the full poll results here.

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