Prairie consumers most optimistic about economy

January 14, 2010

TORONTO: Folks in Saskatchewan and Manitoba are the least concerned about losing their jobs, according to the December RBC Canadian Consumer Outlook.

The report, which measures job anxiety, pegs the two Prairie Provinces as the lowest in Canada at 7%, down from 12% n November, also the national low.

Anxiety is holding steady in BC but it’s down across the rest of the country. Nationally, one-in-five Canadians (21%) say that a member of their household is worried about losing their job or being laid off.

Here are some other highlights:

• Respondents from Saskatchewan and Manitoba are most likely to say that the current overall state of the Canadian economy is good (77%), while 23% describe it as bad.

• Nationally, 51% say the economy is good and 49% per say it’s bad.

• Looking ahead three months, Prairie residents are the most optimistic with 50% expecting conditions to improve compared to 40% nationally. Only 17% of Prairie residents expect conditions to worsen, compared to 20% nationally.

• Over the next year, residents of Saskatchewan and Manitoba are slightly more optimistic that the Canadian economy will improve (64% versus 60% nationally).

Click here for a copy of the report.