Canadians reporting better personal finances at one year low (Bloomberg/Nanos)

Canadian consumer confidence continues to be tepid.  Of note, individuals are almost four times more likely to report their personal finances are worse rather than better off compared to a year ago.  Better off numbers at a one year low.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,091 respondents in Canada. This report is based on the four waves of tracking ending October 27, 2023. The margin of error for a random survey of 1,091 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.