What's Driving Consumer Confidence in Canada?

The video discusses a rise in optimism due to changes in government and the real estate market, which is currently more influential than oil prices. It highlights that while people feel wealthier owning homes, this should not be confused with personal debt. The video also examines the political scene, focusing on the conservative party's potential to gain popularity, which is hindered by the lack of a charismatic leader to unite and inspire voters.

What was one of the main factors contributing to the boost in optimism mentioned in the video?

• A rise in unemployment

• An increase in taxes

• A change in government

• A decrease in oil prices

Why is real estate currently considered more important than oil according to the video?

• More people own real estate than oil

• Real estate is less risky

• Real estate prices are decreasing

• Oil companies are more profitable

What is a potential downside of the optimism related to real estate ownership?

• Decreased consumer spending

• Higher personal debt

• Lower property values

• Increased unemployment

What is a challenge facing the conservative party in gaining poll support?

• High public debt

• Too many policy changes

• Lack of a charismatic leader

• Strong opposition from other parties

What is needed for the conservative party to improve their numbers according to the video?

• A new economic policy

• A leader who can inspire and reach out to voters

• Increased funding for campaigns

• More media coverage