People twice as likely to think the economy will be weaker rather than stronger in the next six months (Bloomberg/Nanos)

Overall Canadian consumer confidence continues to track in positive territory but the forward view on the strength of the Canadian economy is twice as likely to be negative rather than positive.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,006 respondents in Canada. This report is based on the four waves of tracking ending August 2nd, 2024. The margin of error for a random survey of 1,006 Canadians is ±3.0 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.