Consumer confidence hits 29 month high on easing of interest rates (Bloomberg/Nanos)

Canadian consumer confidence hit a 29-month high – largely on more positive views on the future strength of the Canadian economy.  Sentiment is in the context of a broader environment of interest rates easing.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,059 respondents in Canada. This report is based on the four waves of tracking ending September 20th, 2024. The margin of error for a random survey of 1,059 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.