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Annual poll finds more Canadians confident about their finances than year ago

TORONTO – It appears Canadians will be entering 2013 in a more positive mood about their finances than they were a year ago, according to a poll released Thursday.

The Harris Decima telephone poll conducted for CIBC found that 70 per cent of those surveyed were feeling positive about their financial situation.

That’s up six percentage points from a similar survey conducted in late 2011.

The findings were consistent across all major age groups but there was some variation depending on the region.

Only 65 per cent of respondents in British Columbia and the Atlantic region said they felt positive about their financial situation when the poll was conducted.

That was 10 percentage points below respondents in Manitoba and Saskatchewan and nine points below respondents in Ontario.

This year’s telephone survey of about 2,000 adults across Canada was conducted between Oct. 25 and Nov. 4.

A sample of this size is considered to be accurate within 2.2 percentage points, 19 times out of 20, on a national basis.

Regional results and other subsets of the national findings are less accurate because of the smaller sample size.