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By MoneySense Staff on June 28, 2011

Canadians pessimistic on economy

By MoneySense Staff on June 28, 2011

Confidence in economy declined over last three months, survey says

This article is 13 years old. Some details may be outdated.

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When Nanos Research polled Canadians for their “economic mood index,” in March we scored a 115.7. When surveyed in June, we scored a 113. It seems Canadians are feeling pessimistic about the economy on most measures including job security and financial progress. When asked how they thought the Canadian economy would fare over the next six months, 29.2% said they thought it would be better off, down from 30.3% in March. To further the gloomy sentiment, 23.6% said it would be worse while only 19.1% said so in March.

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