What does the economy have to do with cell phones, internet, cable and Real Estate and living in Canada

Published 12 August 09 11:15 AM | Ty Lacroix Broker of Record & Owner 

I, like most Canadians are inundated daily with news paper headlines, TV evening news and morning radio news about unemployment numbers, plant closures, government incentives, health care costs and on and on.

Are we listening or are we putting our heads in the sand? Here are some recent polls that indicate what Canadians are actually thinking. (Attention all news reporters: the sun is still going to come up tomorrow!)

78% of Canadians expect family incomes to either increase or stay the same during the next year.

44% of Canadians think this is the best time to buy a house. (I, being biased, agree. Some of the lowest interest rates ever and a balanced buyer/seller market in London, Ontario).

In the United States for example, the economy has caused them to experience 66% stress, 35% Canadians, 57% of Americans have anxiety with Canadian anxiety being 30%, 46% of Americans lost sleep over the economy and Canadians only lost 40% (the hockey playoffs are over, right) and sadly 32% of our neighbours to the south have suffered depression while we hardy Canucks experienced depression 15% of the time, which is still much to high.

33% of the world cut their spending on mobile phones, in Canada only 22%. 10% of Canadians reduced their internet spending and only 17% cut spending on digital, satellite or cable TV.

So, in summary, do we Canadians not listen, are we stubborn, do we wear rose coloured glasses or are we just simply optimists who go on with our daily lives, doing the best we can and having confidence that the future can only get better?

Enjoy your day and if you can, help some one else enjoy theirs too!

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