Canadian consumer confidence hit a 29-month high – largely on more positive views on the future strength of the Canadian economy. Sentiment is in the context of a broader environment of interest rates easing. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,059 respondents in… Continue Reading Consumer confidence hits 29 month high on easing of interest rates (Bloomberg/Nanos)
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Category: Bloomberg
Canadians divided on temporary foreign workers – Majority support businesses bringing in temporary f
Under 3 in 5 Canadians support or somewhat support businesses bringing in temporary foreign workers when they claim they cannot find a suitable Canadian worker to fill the job, while just over two in five Canadians oppose or somewhat oppose and two percent are unsure. Residents of Quebec are more likely to support or somewhat… Continue Reading Canadians divided on temporary foreign workers – Majority support businesses bringing in temporary foreign workers but favour reduced permits. (Bloomberg/Nanos)
People over four times more likely to think the value of real estate will increase rather than decre...
Consumer confidence remains in net positive territory as Canadians are more than four times more likely to think the value of real estate will increase rather than decrease in the next six months. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,093 respondents in Canada.… Continue Reading People over four times more likely to think the value of real estate will increase rather than decrease (Bloomberg/Nanos)
Consumer confidence hits a two-year high concurrent with rate cut announcement (Bloomberg/Nanos)
Consumer confidence has hit a numeric score not seen since May 2022. This weekly tracking score has occurred concurrently with a cut in interest rates from Canada’s central bank. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,120 respondents in Canada. This report is based… Continue Reading Consumer confidence hits a two-year high concurrent with rate cut announcement (Bloomberg/Nanos)
Consumer confidence for 2024 continues to track in marginally positive territory (Bloomberg/Nanos)
For most of 2024, Canadian consumer confidence has tracked in positive territory with a score between 50 and 54 points on the 100 point diffusion score that makes up the Bloomberg Nanos Index. Positive scores are most likely to be driven by favourable views about the future value of real estate. -Nik Nanos, Chief Data… Continue Reading Consumer confidence for 2024 continues to track in marginally positive territory (Bloomberg/Nanos)
Views on real estate remain net positive but near five-month numeric low (Bloomberg/Nanos)
Overall Canadian consumer confidence remains net positive. Of note, positive views on the future value of real estate are near a five-month low but still outpace negative views on real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,092 respondents in Canada. This report… Continue Reading Views on real estate remain net positive but near five-month numeric low (Bloomberg/Nanos)
Democrats go from trailing to leading on chances of victory in Presidential race with Harris candida...
Canadians are more likely believe that Kamala Harris will win the next U.S presidential election (51%) than Donald Trump (34%); a sharp increase compared to previous wave of research where close to one in four Canadians thought Joe Biden was most likely to win (27%; Trump: 38%). Nanos conducted an RDD dual frame (land- and… Continue Reading Democrats go from trailing to leading on chances of victory in Presidential race with Harris candidacy according to Canadians (Bloomberg/Nanos)
Poilievre and Trudeau tied in perception of who can best manage Canada-US relationship (Bloomberg/Na...
One in three Canadians believe that either Pierre Poilievre (33%) or Justin Trudeau (31%) would be the best choice for a federal party leader in terms of having a positive relationship between Canada and the United States, while 13 per cent each say none of them or they are unsure. Nanos conducted an RDD dual… Continue Reading Poilievre and Trudeau tied in perception of who can best manage Canada-US relationship (Bloomberg/Nanos)
Generational Divide – Canadians over 60 have highest consumer confidence under 60 less confident (Bl
Although overall consumer confidence remains marginally positive there is a significant generational divide. Canadians 60 and over have the highest consumer confidence compared to all other age cohorts. Those over 60 are likely the least affected by the rising cost of living. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and… Continue Reading Generational Divide – Canadians over 60 have highest consumer confidence under 60 less confident (Bloomberg/Nanos)
Forward look on consumer confidence shows possible signs of softening (Bloomberg/Nanos)
The forward-looking Expectations Sub-indice numerically slid below the Pocketbook Sub-indice for the first time in four months – largely on softening views on the future value of real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,032 respondents in Canada. This report is based… Continue Reading Forward look on consumer confidence shows possible signs of softening (Bloomberg/Nanos)