Consumer confidence remains soft, Canadians concerned over the future direction of the economy. (Bloomberg/Nanos)

Canadian consumer confidence remains fragile, hovering just below 50 on the 100-point consumer confidence index. Notably, Canadians are nearly four times more likely to believe the economy will be weaker over the next six months than those who believe it will be stronger.

– Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,060 respondents in Canada. This report is based on the four waves of tracking ending October 24th, 2025. The margin of error for a random survey of 1,060 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.