The following news story out of Toronto would indicate that confidence in our ecomomic outlook has dipped considerably for the year 2012 compared with 2011. By interpretation that could mean that after being hopeful last year that our financial situation may improve, or me may find a job, and since that did not happen last year, then our optimism has taken a beating.
This RBC study would indicate that only 38% expected to see improvements in their own personal finances. I wonder if those are the number of CUPE employees in the province??
It would also indicate that 26% are planning on spending less, which is not necessarily good news for an already struggling business community.
B.C. residents focus on positive actions in 2012 to manage debt, spend less
TORONTO, Feb. 9, 2012 /CNW/ - The number of B.C. consumers who are optimistic about the Canadian economy has dropped to 38 per cent from 46 per cent a year ago, according to the RBC Canadian Consumer Outlook (RBC CCO) released today.
The percentage of British Columbians who expect to see improvements in their own personal financial situation has remained steady (38 per cent in January of 2012 and 2011).
However, B.C. residents are planning to take action to improve the state of their personal finances by reducing their debt (28 per cent), spending less (26 per cent), investing more (25 per cent) or taking all these actions (27 per cent).
Visit webpage here for complete story.
What's Your Take? Glass Half Full or Half Empty?
Post your comments by clicking on "YOU CAN POST YOUR COMMENT HERE" at the bottom of this post.
While I am happy to have a job which pays better than minimum, I still wish I were able to snag a CUPE job where the pay seems a whole lot better.
ReplyDeleteI can only find a few part time hours here and there and while I love living in Nanaimo, living on welfare just won't do it. If something doesn't change soon I'll have to head to the oil patch or maybe For McMisery. Then maybe I can come back here one day and retire.
ReplyDelete