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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)

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)

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)

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)

Views on real estate driving positive trendline (Bloomberg/Nanos)

Canadian consumer confidence is in positive territory with an upward trajectory. The trendline is being driven by more positive views on the future value of real estate. Perceptions that the value of real estate will increase in the next six months is up seven points in four weeks. -Nik Nanos, Chief Data Scientist Nanos conducted… Continue Reading Views on real estate driving positive trendline (Bloomberg/Nanos)

Consumer confidence in positive territory – Views on value of real estate going up increases 10 poin

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)

Consumer confidence in positive territory on real estate perceptions (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)

Majority of Canadians believe federal government incentives to secure a Volkswagen AG electric-vehic...

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)

Positive consumer sentiment trending driven by real estate sentiment upswing (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)

Consumer confidence trends into positive territory (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)