Canadians are gloomy about the economy, the housing market, their personal finances …

  • 📰 nationalpost
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 80%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

This may bode ill for the Liberals

Confidence among consumers remains sluggish — well below the 12-month average on widespread expectations the economy will stagnate or weaken, telephone polling shows. Canadians are more confident in their job security than they have been in years, but that hasn’t extended into better personal finances or optimism about the housing market.

The Canadian prime minister is already dealing with a controversy over whether he tried to end a court case against SNC-Lavalin Group Inc. to prevent job losses — a saga that has already cost him a cabinet minister and his principal secretary. The economy, stuck in neutral, presents another risk that would be exacerbated if there was any further slowdown.

The Bloomberg Nanos Canadian Confidence Index rose slightly to 55 to begin the month, from 54.2 a month earlier. It remains below the 12-month average of 55.9, and hasn’t topped that level since November. Just 13.9 per cent of Canadians expect the economy to strengthen in the next six months, versus 32.9 per cent who expect it to weaken.

Still, just 18.3 per cent of Canadians say their personal finances are better off than a year earlier, down from 18.9 per cent who said so last month, the polling found.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Liberals have put us on the glide path to Venezuela collapse: 1,000,000% inflation when we can't pay our debts. They borrowed for whims and don't care about you or your future. Just your vote.

Wait until you do your tax return and find out you earned less but paid more taxes. Someone has to pay for liberals’ generosity to others, legal and illegals.

Maybe if Trudeau stopped giving our money away and invested it into Canadians it wouldn't be so gloomy.

Maybe because the Canadian economy isn't doing so well. Canadians should be gloomy.

It's the weather!

So no more sunny ways?

except for liberals, they are all sunny ways. because justin said so.

Thanks Justin the “Imposter “!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 10. in İE

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Brannstrom on joining Sens organization, playing in Canadian marketErik Brannstrom shares his reaction to being a member of the Ottawa Senators organization, discusses the attention he's garnering being in a Canadian market, how much of his game resembles Erik Karlsson and more. tsn_wally Oh God. This poor poor kid. Hopefully we get a new owner, if not it's going to be a rough go for him.
Source: TSN_Sports - 🏆 80. / 51 Read more »

Housing Matters podcast: Can real estate market be taxed into submission?Host Stuart McNish speaks with President and CEO of the Urban Development Institute Anne McMullin and Adjunct Professor at the Center for Sustainable Development Michael Geller about this year&821… If real estate is taxed into submission, it and jobs are needed to rent or purchase a home...it is a fine line.
Source: VancouverSun - 🏆 49. / 61 Read more »

Cold weather puts Toronto’s spring housing market on iceWeather woes in Toronto may mean pent-up demand after March Break Yup, its pretty cold! Yeah, it's the 'weather.'
Source: globeandmail - 🏆 5. / 92 Read more »