Canadian consumer confidence strengthened in mid-October, with the Bloomberg-Nanos index rising to 51.68 from 49.86 four weeks earlier. The improvement was driven largely by brighter expectations: that sub-index climbed to 48.41 from 44.82. Pocketbook confidence, covering personal finances and job security, was broadly unchanged at 54.94. Even so, overall confidence remains below its long-run average of 54.66, suggesting Canadians are feeling somewhat better, but remain cautious about the economic outlook as the year moves ahead.
– Nik Nanos, Chief Data Scientist
Nanos conducted an RDD dual frame (cell- and land-lines) telephone random survey of 1,016 respondents in Canada. This report is based on the four waves of tracking ending October 16, 2026. The margin of error for a random survey of 1,016 Canadians is ±3.1 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.
Full data tables with weighted and unweighted number of interviews is here.