Albertans experiencing the highest level of job anxiety in the country,
according to RBC Canadian Consumer Outlook
Half of Albertans plan to spend less this holiday season
"Although there's a lot of job anxiety today, Albertans are also clearly optimistic about an economic recovery," said Bruce MacKenzie, regional president, Alberta and the Territories, RBC. "At RBC, we're very pleased to be a part of the community and to lend a hand with financial advice and help our clients achieve their goals."
The index measures of Canadians' perception of current conditions compared to three months ago, as well as short term (three month) prospects for their personal finances, their job anxiety and a number of other factors. Provincial highlights include:
- Personal Financial Situation (Overall): Albertans are slightly more optimistic than the national average about their personal financial situation outlook, with 29 per cent expecting improvement over the next three months (compared to 27 per cent nationally) and 45 per cent expecting improvement over the next year (compared to 38 per cent nationally). - National Economy: Albertans perceive the greatest increase in the national economy compared to three months ago, with 41 per cent saying it has improved, compared to the national average of 34 per cent. They are also the most optimistic about its direction in the next three months (49 per cent expecting improvement compared to the national average of 41 per cent) and over the next year (74 per cent expecting improvement compared to the national average of 62 per cent).
"Rising commodity prices as the global recovery picks up steam sets up for Alberta's economy to be back in the black in 2010," said
About The RBC Monthly Canadian Consumer Outlook Index
The RBC Monthly Canadian Consumer Outlook Index was established on
For further information: For further information: Rina Cortese, RBC Corporate Communications, (416) 974-6970; Stephanie Lu, RBC Media Relations, (416) 974-5506
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