Canada’s gig economy has been fuelled by the pandemic – but workers and businesses are challenged by payments mismatch
New research shows that the COVID-19 pandemic has led to an increase in the number of Canadians who participate in short-term contracts or freelance work, such as rideshare drivers, freelance writers and graphic designers, or contractors. These gig workers now represent more than one in 10 Canadian adults (13 per cent), and more than one in three Canadian businesses (37 per cent) employ gig workers.
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More Canadians are sending international payments than ever before, reveals new Payments Canada study
As the number of international payments continues to grow, people living in Canada stand to benefit from the introduction of the ISO 20022 messaging