More than two-thirds of Canadians (69%) say they’re optimistic about their current financial situation, says a recent CIBC poll. But that compares to 74% last year.
So, to ensure people’s confidence doesn’t dip further, revisit conversations about building emergency funds and erasing debt. It’s important to stress that financial goals should be more than than resolutions that fade away, says Christina Kramer, executive vice-president of CIBC.
Breakdown of poll findings
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% of Canadians who feel positive about their financial situations, by region:
| 2016 | 2015 | |
| National | 69% | 74% |
| British Columbia | 71% | 72% |
| Alberta | 62% | 83% |
| Manitoba/Saskatchewan | 78% | 71% |
| Ontario | 68% | 73% |
| Quebec | 71% | 78% |
| Atlantic Canada | 67% | 65% |
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% of Canadians who feel positive about their financial situations, by age:
| 2016 | 2015 | |
| 18-34 | 69% | 70% |
| 35-54 | 65% | 70% |
| 55+ | 74% | 82% |
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% of Canadians who feel confident about meeting their financial goals, by region:
| 2016 | 2015 | |
| National | 80% | 85% |
| British Columbia | 82% | 85% |
| Alberta | 72% | 91% |
| Manitoba/Saskatchewan | 88% | 82% |
| Ontario | 80% | 81% |
| Quebec | 84% | 90% |
| Atlantic Canada | 69% | 84% |
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% of Canadians who feel confident about meeting their financial goals, by age:
| 2016 | 2015 | |
| 18-34 | 84% | 83% |
| 35-54 | 78% | 82% |
| 55+ | 79% | 91% |
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