More Canadians need disability leave and fewer have coverage [Toronto Globe and Mail (Ontario, Canada)]
Royal Bank Of Canada (RY)
Last royal bank of canada earnings: 2/21 06:00 am
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Source: Toronto Globe and Mail
More Canadians need disability leave and fewer have coverage Fewer Canadians have disability coverage today, compared with a year ago, yet more are in need of it. According to a recent study Furthermore, half of working Canadians would have taken time off work for a disability but felt they couldn’t afford it, which is also 5 per cent more than last year. Of those who took time off of work as a result of a disability, 56 per cent say they had to return to work early for financial reasons, and 45 per cent felt pressed to return sooner than they wanted to. Story continues below advertisement Maria Winslow, the senior director of life and health at RBC Insurance, says the drop in coverage is likely a result of an increase in self-employment and the rise of the gig economy. “Less people are covered through workplace benefits and a reason for that is more people are self-employed,” she said. According to Statistics Canada When faced with the prospect of a disability leave from work of thre
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Earnings
- 2/28/24 - Beat
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Sec Filings
- 5/9/24 - Form 424B2
- 5/9/24 - Form 424B2
- 5/9/24 - Form FWP
- RY's page on the SEC website