After being in negative territory for most of 2023, Canadian consumer confidence remains above 50 points on the 100 point diffusion index. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,126 respondents in Canada. This report is based on the four waves of tracking ending… Continue Reading Consumer confidence remains positive (Bloomberg/Nanos)
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Author: Nanos Research
Two in three say higher interest rates have a negative or somewhat negative impact on their spending...
Two in three respondents say that higher interest rates have impacted their personal spending negatively (36%) or somewhat negatively (28%), which is an increase since the last wave in February 2019, where two in five said it impacted their spending negatively (20%) or somewhat negatively (22%). Younger Canadians aged 18 to 34 were more likely… Continue Reading Two in three say higher interest rates have a negative or somewhat negative impact on their spending – negative impact of rate on spending on the rise. (Bloomberg/Nanos)
Unprompted, majority say affordability is a barrier they experienced when it comes to accessing hous...
When asked what barriers they have experienced when it comes to accessing housing that meets their needs, a majority (57%) of respondents say housing price/affordability/high down payments. This was followed by income/employment/ personal finances/inflation (30%), lack of housing/ long wait lists (28%) and location/ distance to services/transportation (20%). Just under six in ten respondents say… Continue Reading Unprompted, majority say affordability is a barrier they experienced when it comes to accessing housing that meets their needs (NWAC/Nanos)
Canadians ambitious on climate but concerned about energy prices; affordability ranked above emissio...
After a steady decline from August 2021 to November 2022, the proportion of Canadians who think it is the best time for Canada to be ambitious in addressing climate change even if there are costs to the economy is on the rise, with almost six in ten who say so (57%) (score of 7-10 out… Continue Reading Canadians ambitious on climate but concerned about energy prices; affordability ranked above emissions reductions as top energy need (Positive Energy/Nanos)
Majority say Canada should decrease trade with China. (Bloomberg/Nanos)
Asked what they think Canada’s future trade relationship with China should be, over one in two think Canada should decrease trade with China (55%), which is a drop of six percentage point from the November 2022 wave (61%), but still above the benchmark in December 2022 (45%). Residents of Quebec are more likely to say… Continue Reading Majority say Canada should decrease trade with China. (Bloomberg/Nanos)
Jobs/the economy top issue but environment registers a jump in concern (Nanos)
Nanos tracks unprompted issues of concern every week. To access full weekly national and regional tracking visit the Nanos subscriber data portal. Jobs/the economy remains the top issue but environment registers a big jump in concern concurrent with fires in Canada. – Nik Nanos The Weekly Nanos Tracking is produced by the Nanos Research Corporation,… Continue Reading Jobs/the economy top issue but environment registers a jump in concern (Nanos)
Consumer confidence steadies in marginally positive territory (Bloomberg/Nanos)
Canadian consumer confidence is steadying in marginally positive territory with a score of 52.84 on the 100-point diffusion index. Individuals are three times more likely to be positive rather than negative on the future strength of real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey… Continue Reading Consumer confidence steadies in marginally positive territory (Bloomberg/Nanos)
Canadians twice as likely to support formal inquiry over public hearings on foreign interference; th...
Nearly six in ten Canadians say they prefer that Canada have a formal public inquiry, headed by a judge with full subpoena powers, into foreign interference (59%), while one quarter say they would prefer public hearings to shine more light on the problem of foreign interference and the threat it poses (25%). Nine in ten… Continue Reading Canadians twice as likely to support formal inquiry over public hearings on foreign interference; there is very strong support for a government registry of people with ties to foreign states. (CTV/Globe/Nanos)
Dead heat on preferred Prime Minister tracking (Nanos)
Nanos tracks unprompted issues of concern every week. To access full weekly national and regional tracking visit the Nanos subscriber data portal. Currently, Trudeau and Poilievre are in a dead heat when it comes to who Canadians prefer as prime minister. Jobs/the economy, inflation, environment and healthcare top issues. – Nik Nanos The Weekly Nanos… Continue Reading Dead heat on preferred Prime Minister tracking (Nanos)
Consumer confidence remains positive on real estate sentiment (Bloomberg/Nanos)
Canadian consumer confidence remains in positive territory with a score above 50 on the Bloomberg Nanos weekly tracking. Sentiment on real estate continues to fuel the current positive trajectory. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,142 respondents in Canada. This report is based… Continue Reading Consumer confidence remains positive on real estate sentiment (Bloomberg/Nanos)