COVID dealt blow to consumer confidence in Kootenays, survey finds

A survey of Kootenay-Boundary residents finds most are happy with their quality of life, but the pandemic prompted them to keep a tighter grip on their wallets.

Last September, Selkirk Innovates asked 400 residents over 100 questions related to their well-being on a variety of topics.

Researcher Jayme Jones says the results suggests residents are highly satisfied with their personal and community well-being.

But compared to a similar survey from 2019, many areas showed decreases.

“While caution should be used when comparing between survey years because different residents were polled in each year, this comparison is valuable when thinking about what factors may have contributed to these changes, such as the pandemic and extreme weather events,” she wrote.

Respondents provided opinions on five economic questions which Selkirk Innovates then used to come up with a consumer confidence index. A high index means people tend to make more purchases. A low index means they spend less and save more.

The survey results from 2021 produced an index of 45 per cent, which was a 22 per cent decrease compared to 2019.

Blame that on COVID, Jones says. Sixty per cent of respondents indicated their family finances are about the same, but 54 per cent said their employment is worse off. Just under half agreed with the statement “I am worried about the impacts of the COVID-19 pandemic.”

However, other subjective well-being results indicated respondents are happy with their jobs and quality of the local environment.

“With a strong sense of community, most would recommend their community as a good place to live and are not considering moving,” Jones wrote.

“They feel the landscape of their community is attractive and say that livability is generally getting better. Most buy local, exercise regularly, and donate to charity.”

Jones says the results, along with other objective indicators, provide key information for decision-making.

Continue Reading

chnv Now playing play

ckkc Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Bystanders pull driver from pickup truck that plunged into Kootenay Lake

Three bystanders went into Kootenay Lake on Saturday afternoon to rescue a woman from her sinking pickup truck after it went over an embankment at the Chahko Mika Mall parking lot, police said.

FortisBC urges preparation for power outages

The company that provides electricity to much of the West Kootenay had 479 outages in 2025.

De Havilland Canada reaches $2.5B financing deal to double waterbomber production

De Havilland Canada has reached an agreement with the federal government and Export Development Canada (EDC) for up to $2.5 billion in financing to double production capacity for its Canadair 515 waterbombers.

Doctors, advocates fear end of safer supply under new B.C. Conservative government

Harm-reduction advocates say they are bracing for a possible increase in overdose deaths and more stress on the health-care system if the incoming B.C. Conservative government follows through on its pledge to end safer supply in the province.

Ottawa designates Roberts Bank Terminal 2 expansion a project of national interest

The federal government has listed the Roberts Bank Terminal 2 expansion at the Port of Vancouver as a project of national interest.
- Advertisement -