As we prepare to enter a new year with oil prices still low, US interest rates rising and concern over the rate of global growth, it seems that most Canadians are remaining positive. A poll commissioned by Global News and conducted by Ipsos found that 53 per cent feel ‘good’ about the economy in 2016. That’s lower than a similar poll a year earlier when 62 per cent were positive but not surprising given the events of the past year. The poll found that those in British Columbia are most likely to be optimistic (60 per cent) while Albertans are least likely (39 per cent). On personal finances, including mortgage debt, almost three quarters of respondents are confident.
Are you looking to invest in property? If you like, we can get one of our mortgage experts to tell you exactly how much you can afford to borrow, which is the best mortgage for you or how much they could save you right now if you have an existing mortgage. Click here to get help choosing the best mortgage rate
More market watch: