Fighting COVID-19 on the Storefront
Monica Torres is picking up extra hours at Skechers to support her mother who lost her job due to COVID-19. Monica’s mother, Julia Torres is one of three million people in Canada who have been laid off. In order to be safe, Monica is entrusted with the task of sanitizing and cleaning high touch points in around the store. It is mandatory to wear masks at all time.
According to Centers for Disease Control and Prevention (CDC), coronavirus can stick around on plastic and stainless steel surfaces for 72 hours, 4 hours on copper and 24 hours on cardboard. The government of Canada has recommended everyone to wear gloves while sanitizing and cleaning. Monica is required to follow certain protocols to reduce the chances of virus spread in her retail store. Workers are putting themselves at risk to provide people with customer service during the global pandemic. Monica is doing everything in her power to be safe and provide for her mother.
Taking Care of the Homefront
COVID-19 dealt a devastating blow to the Canadian economy. A record three million jobs were lost in Canada during March and April as businesses shut down to prevent the spread of the virus. Retail stores reopened in June, requiring workers to follow new sanitation guidelines to keep people safe. These frontline retail employees are at risk because of constant public interaction. Now, they have to work harder to keep everything clean and to keep customers safe. Monica Torres is one of the workers who picks up extra shifts at a shoe retailer during the pandemic.
Financial Planning For COVID-19
With so many jobs lost during the pandemic, household finances have become tighter. Many millennials have stepped up their efforts to contribute to the family income. In some cases, these millennials are the sole income earner in the household. This is the case for 25-year-old Monica Torres. To make sure she’s doing everything to stretch that dollar, she seeks advice from top financial planners. Chief Financial Officer, Pattie Lovett-Reid and TD Wealth's Reuven Harrouch, say there are ways of cutting down.