After weeks of sliding sentiment, Canada’s economic mood may be finding a floor. The Bloomberg Nanos Canadian Confidence Index edged up to 47.23 from 46.31 last week, a modest break in the downward trajectory from its 2026 high of 54.19 in late February. The Expectations Index remains subdued at 42.60, while the Pocketbook Index holds above neutral at 51.86, suggesting household resilience even as broader optimism falters. At 47.23, the composite sits below its long-run average of 54.79.
– Nik Nanos, Chief Data Scientist
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,022 respondents in Canada. This report is based on the four waves of tracking ending April 17th, 2026. The margin of error for a random survey of 1,022 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.