Over half of Canadians Report Being Better off financially today than before the recession

TORONTO, When it comes to what determines their financial outlook, a new study reveals the vast majority of Canadians put their eggs in one basket: real estate. According to Bensimon Byrne's latest Consumerology Report, Canadians are still coping with the effects of the recession yet are feeling optimistic their personal finances. When asked about their personal financial situation now compared to pre-recession 49 per cent report their living expenses have increased, only 31 per cent are earning more money, and only 22 per cent report say their investments have increased. Despite these figures, more than half (58 per cent) say their personal finances are better today than they were before the recession and the vast majority (81 per cent) indicate they expect to be doing even better one year from now.