Reopening the Economy

As we near the mid-point of a year like no other, Nova Scotia is taking the first steps to reopening the economy. Our team remains focused on our response and responsibility to you – a valued customer and member of the CUA community.

For three months now, our workplaces, homes, recreational activities and daily routines have been guided by the realities of a global pandemic. And while the loss of control has been universal, the impact of the virus has been personal – especially when it comes to finances.

For some, the pandemic and resulting economic pause has deepened existing hardships or created new challenges. For others, a decline in lifestyle and recreational programming has resulted in a temporary account balance increase. A majority of Canadians have used less cash since the onset of coronavirus, and Interac has seen a surge in first-time e-transfer users. As our financial behaviours adapt, we have an opportunity to consider what new habits we want to carry forward, leaving others behind.

Many individuals and organizations are asking a lot of questions that are tough to answer: How long will this last? What will the impact be on my business or investments? How can I approach my finances to prepare for the unknown? Luckily, there’s a good answer for the last one. It starts with a conversation.

One of the best things anyone can do in times like this is to press pause and talk to an expert about where you are today, what you’re concerned about and what you want to achieve. Working with our team will ensure you have the knowledge, tools and confidence to take your next step. If you want to get started, let’s talk.

As our economy also takes its next step, CUA remains committed to safely serving you in the ways you need us. We continue to monitor the latest updates on programs and resources available to individuals and organizations, and our website is routinely updated at cua.com/COVID19. As always, I encourage you to reach out to us at 902.492.6500 or info@cua.com. Our team is here and eager to help.