Canadians' economic pessimism easing: poll

Wed Feb 18, 2009 12:23pm EST
 
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OTTAWA (Reuters) - Canadians remain downbeat about the economy but are a little less so than three months ago, a poll released on Wednesday showed.

"The pessimistic views Canadians have on the economy are generally stabilizing," Nanos Research said in a release.

Forty-nine percent of respondents think the economy will get worse over the next six months, down from 57 percent three months earlier. Sixteen percent see it improving, up from 14 percent.

A smaller number also expect real estate values in their neighborhoods to decline -- 41 percent, down from 47 percent. Forty-four percent see them staying the same, 12 percent foresee price rises and 3 percent are unsure.

The telephone survey of 1,000 Canadians was taken January 30-February 3. Such a sample size is considered accurate to within 3.1 percentage points 19 times out of 20.

(Reporting by Randall Palmer; editing by Rob Wilson)