Canadian consumer confidence continues to decline after US election. Positive views on future strength of economy slump eight points (Nanos/Bloomberg)

Of note, positive views on the future strength of the Canadian economy have declined a significant eight points coincidentally with the ending of the US presidential election.  Consumer confidence overall continues to decline.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,003 respondents in Canada. This report is based on the four waves of tracking ending November 22nd, 2024. The margin of error for a random survey of 1,003 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.