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Economic Confidence Drops as RBC Canadian Consumer Outlook Index Slides 24 Points
Just 26% Believe the Canadian Economy will Improve in the Next Year, Majority (57%) of Canadians Don't Have Money Set Aside
for a Rainy Day -
Rising Gas, Food Prices Hitting Canadian Households Hard
RBC CCO Index Drops Two Points as 45% say Inflation Has Had Significant Impact on Their Budget
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While Nine in Ten (90%) Pre-Retirees Expect to Have a Successful Retirement, Four in Ten (36%) `Worried' They Won't Have Enough Money
Two in Ten (21%) Say Their Parents Outlived or are
Likely to Outlive Their Money -
Seven in Ten (70%) Renters in Ontario Say Buying a Home is in their Plan
But Majority (89%) of Ontarians Believe Owning a Home Will Become Even More Difficult for Future Generations
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Nearly Half (45%) of Canadians Say Rising Gas and Food Prices Having a `Significant Impact' on their Budget
Overall RBC CCO Index Rises 3 Points Thanks to
Improved Outlook -
Canadians Less Optimistic Than a Year Ago About Future of Economy
While Job Anxiety Has Dropped,
Canadians Sober to the Realities of Slow Recovery to This Point -
Nine in Ten (87%) Canadians Say That When Connected to Nature They Feel Happier
Overwhelming Majority (85%) Worry that Natural Areas We Enjoy Today Will Not Be Here for their Children or Grandchildren
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Canada's First Baby Boomers are Heading for 65 but One Quarter (23%) are Concerned About Having Enough Savings
Average Age Leading Edge Boomers Started Saving for Retirement was 35
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Four-In-Ten Canadians Plan To Pay More Attention To Their Holiday Spending Budget This Year, Than Last
Another Four-In-Ten Are Focusing About The Same As Last Year And One In Six Are "Not Even Worrying About It"