With a score above 50 points on the 100 point diffusion index –Canadian consumer confidence is in positive territory. Of note, this trend has primarily been driven by more positive views on the future value of real estate which is up 12 points in four weeks.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,158 respondents in Canada. This report is based on the four waves of tracking ending May 12, 2023. The margin of error for a random survey of 1,158 Canadians is ±2.9 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

To view the full report, click here.