Many Canadians are turning to gig work to supplement their income and meet the rising cost of living, according to a new report assessing their insurance needs from insurance provider Securian Canada.
The poll conducted in collaboration with the Angus Reid Institute found that nearly a quarter of respondents participate in gig work, defined as short-term jobs or tasks that do not guarantee steady work.
Many say they’re taking on the extra work on top of a regular job to meet the rising cost of living. Researchers say it’s a sign that some traditional jobs aren’t keeping up with financial pressures while the job market shifts to favour more short-term gigs and contract work.
Cheryl Loh, a freelance graphic designer based in Vancouver, said she kept up with the cost of living by leaving the traditional workforce to offer graphic design services on a project basis.
“I get to determine …