Category: Bloomberg

Canadian consumer confidence continues to remain in positive territory. The proportion of individuals who believe that the value of real estate will increase is up 10 percentage points in the past four weeks. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,147 respondents in Canada.… Continue Reading Consumer confidence in positive territory – Views on value of real estate going up increases 10 points in four weeks (Bloomberg/Nanos)

With a score above 50 points on the 100 point diffusion index –Canadian consumer confidence is in positive territory. Of note, this trend has primarily been driven by more positive views on the future value of real estate which is up 12 points in four weeks. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD… Continue Reading Consumer confidence in positive territory on real estate perceptions (Bloomberg/Nanos)

Just over one in two Canadians believe the incentives are a worthwhile investment as it will bring jobs (54%), while three in ten Canadians believe the money should go towards other spending priorities (30%). Residents of Quebec and Ontario are significantly more likely to believe the government incentives are a worthwhile investment (59%) compared to… Continue Reading Majority of Canadians believe federal government incentives to secure a Volkswagen AG electric-vehicle battery plant in Ontario are a worthwhile investment as it will bring jobs and economic benefits. (Bloomberg/Nanos)

Consumer confidence continues to have a positive trajectory largely driven by more positive views on the value of real estate. In the past four weeks the proportion of Canadians who believe the value of real estate will increase moved from 28 to 41 points. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame… Continue Reading Positive consumer sentiment trending driven by real estate sentiment upswing (Bloomberg/Nanos)

After a prolonged negative cycle of weakened consumer confidence the upward trend has now moved into positive territory with a score greater than 50 points on the diffusion index that makes up the Bloomberg-Nanos tracking. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,156 respondents… Continue Reading Consumer confidence trends into positive territory (Bloomberg/Nanos)

Consumer confidence remains in neutral on the 100 point diffusion scale for the index. Of note, the current level registers at the highest level seen since June 2022. All regions currently have confidence levels above the 12 month average. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random… Continue Reading Confidence remains at high not seen since June 2022 (Bloomberg/Nanos)

Poilievre (30%) is numerically ahead of Trudeau (27%; decline of seven percentage points since 2019) on trust to support economic growth, followed by Jagmeet Singh (11%) and two in ten who say they don’t trust any of the federal leaders on this (20%). Residents of the Prairies are significantly more likely to trust Pierre Poilievre… Continue Reading Poilievre numerically ahead; Trudeau declines seven points since 2019 on trust to support economic growth (Bloomberg/Nanos)

The positive trajectory for Canadian consumer confidence continues with the index registering its highest score since June 2022. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,134 respondents in Canada. This report is based on the four waves of tracking ending April 14, 2023. The… Continue Reading Consumer confidence hits highest level in nine months (Bloomberg/Nanos)

After registering negative sentiment for most of the past four months, the incremental trend in the Bloomberg Nanos Canadian Confidence Index continues to move towards a neutral position with a score of 48.83 on the 100 point diffusion scale where 50 is net neutral consumer sentiment. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD… Continue Reading Consumer confidence marginally negative (Bloomberg/Nanos)

For the past five months, consumer sentiment has been in a net negative position with a score under 50 points on the Bloomberg Nanos Canadian Confidence Index. Over the past four weeks sentiment has been incrementally trending toward a neutral position. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines)… Continue Reading Consumer confidence nearing neutral from negative (Bloomberg/Nanos)