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Steady trajectory towards neutral consumer confidence continues (Bloomberg/Nanos)

Consumer confidence continues to incrementally move towards a neutral score of 50 on the 100 point diffusion scale that makes up the Bloomberg Nanos Canadian Confidence Index. Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,000 respondents in Canada. This report is based on the four waves of tracking ending… Continue Reading Steady trajectory towards neutral consumer confidence continues (Bloomberg/Nanos)

Percentage of Canadians who have cancelled a major purchase increases from 23 to 35 per cent in seve...

Over one Canadian in three (35%) reports that they have cancelled a major purchase because of price increases, which is an increase of 12 percentage points since the May 2022 wave. Younger Canadians aged 18 to 34 are more likely to report having cancelled a major purchase (50%) than older Canadians aged 35 to 54… Continue Reading Percentage of Canadians who have cancelled a major purchase increases from 23 to 35 per cent in seven months (Bloomberg/Nanos)

Negative confidence continues but slowly improving (Bloomberg/Nanos)

With a score continuing to be below 50 on the 100 point diffusion scale that makes up the Bloomberg Nanos Canadian Confidence Index, consumer sentiment remains in net negative territory.  Of note, confidence has been incrementally improving over the past eight weeks. Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of… Continue Reading Negative confidence continues but slowly improving (Bloomberg/Nanos)

Confidence remains negative and steady (Bloomberg/Nanos)

Canadian consumer confidence remains in a negative holding pattern with a score of 44.38 points on the 100 point diffusion index for Bloomberg-Nanos.  Respondents are five times more likely to think the economy will get weaker rather than stronger in the next six months. A random survey of 1,000 respondents in Canada is accurate 3.1… Continue Reading Confidence remains negative and steady (Bloomberg/Nanos)

Appetite to decrease trade with China on the rise and now represents a majority of Canadians (Bloomb...

Six in ten Canadians (61%) think Canada should decrease trade with China, which is a sixteen-point increase compared to December 2020 (45%). Appetite to decrease trade with China is generally consistent across gender, age and region. Confidence that the government is doing a very good or good job at managing the relationship with China (20%)… Continue Reading Appetite to decrease trade with China on the rise and now represents a majority of Canadians (Bloomberg/Nanos)