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The Leading Edge
July 2020

Working Remotely: Opportunities & Obstacles

With the start of the second half of 2020 and well into the COVID-19 crisis, worldwide economies are at various stages of reopening for business. Industries that have more limited telework capacity (accommodation & food services: 6%, construction: 12%, manufacturing: 20%, retail trade: 22%)*1 are anxious to open for business as quickly as possible. Whereas other industries for which telework capacity is relatively high (finance & insurance: 85%, educational services: 85%, professional, scientific & technical services: 84%)*1 can take a more cautious approach in having their employees return to the workplace. A 2020 survey of 3,500 worldwide remote workers conducted by Buffer & AngelList identified that 98%*2 of respondents would like to work remotely at least some of the time for the rest of their career.


Allan M. Fenerdjian FCSI®, CIM®
Director, Wealth Management
Portfolio Manager
Investment Advisor
Tel.: 514.989.4803  •  Email
Richardson GMP Limited
1250 René-Lévesque Blvd. West
Suite 1500
Montréal, QC  H3B 4W8

Toll-free: 1.800.989.4803

The Fenerdjian Wealth team is committed to building relationships based on integrity and trust, using a multi-disciplined approach that has been tested with time. Our priority is protecting our clients' interests and helping them meet their wealth financial management goals for them and their families.

The opinions expressed in this report are the opinions of the author and readers should not assume they reflect the opinions or recommendations of Richardson GMP Limited or its affiliates. Assumptions, opinions and estimates constitute the author’s judgment as of the date of this material and are subject to change without notice. We do not warrant the completeness or accuracy of this material, and it should not be relied upon as such. Before acting on any recommendation, you should consider whether it is suitable for your particular circumstances and, if necessary, seek professional advice. Past performance is not indicative of future results. Insurance services are offered through Richardson GMP Insurance Services Limited in BC, AB, SK, MB, NWT, ON, QC, NB, NS, NL and PEI. Additional administrative support and policy management are provided by PPI Partners. Insurance products are not covered by the Canadian Investor Protection Fund. Richardson GMP Limited, Member Canadian Investor Protection Fund. Richardson and GMP are registered trademarks of their respective owners used under license by Richardson GMP Limited.
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