Category: Bloomberg

While an increasing proportion of Canadians blame businesses increasing their prices (26%, up from 13% in 2022), Canadians still blame most often the Government of Canada’s spending and budget deficit policies for the sharp rise in prices and cost of living over the past year. Of note, blame on the Russo-Ukrainian war continues to decrease… Continue Reading Government spending and budget deficit most blamed for rise in cost of living, with increasing blame on businesses since tracking started (Bloomberg/Nanos)

The Bloomberg Nanos Expectations sub-indice which projects future confidence has hit a notable 21 month high.  Historically this is a six-month leading indicator of measures such as Canada’s GDP.  -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,058 respondents in Canada. This report is based… Continue Reading Forward looking Expectations Index hits 21 month high. (Bloomberg/Nanos)

Overall Canadian consumer confidence remains in marginally positive territory with a score of 52.46 on the 100-point Bloomberg-Nanos Index.  Of note, positive perceptions in the Prairie provinces have reached a 20-month high. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,059 respondents in Canada. This… Continue Reading Consumer confidence in Prairies reaches 20 month high. (Bloomberg/Nanos)

Canadian consumer confidence remains in positive territory for the tenth week in succession with forward looking expectations hitting a level not seen in over a year. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,044 respondents in Canada. This report is based on the four… Continue Reading Forward looking expectations hit one year high. (Bloomberg/Nanos)

Canadian consumer confidence continues to remain in positive territory with a score above 50 on the Bloomberg Nanos Index.  Of note, job security numbers have shown some positive upward movement. -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… Continue Reading Consumer confidence remains in marginally positive territory (Bloomberg/Nanos).

Over 1 in 3 Canadians say that Pierre Poilievre would do the best job of negotiating with Trump, compared to just over 1 in 4 Canadians say Justin Trudeau would do a better job. Women more likely to say Justin Trudeau (women 36%; men 20%) and men more likely to say Pierre Poilievre (51% men;… Continue Reading Trump negotiator: Canadians believe Poilievre a better negotiator than Trudeau – both leaders tied in advocating for Canadian interests (Bloomberg/Nanos)

Canadian consumer confidence is starting to trend in a positive direction.  Of note, the Expectations Sub-indice which projects into the future has hit the highest levels not seen since May 2022.  Based on the past track record of the index as a leading indicator, this suggests a likely GDP lift in the latter part of… Continue Reading Forward looking expectations hits highest level since May 2022. (Bloomberg/Nanos)

Overall consumer confidence continues to incrementally trend up in January.  Of note, the forward-looking Expectations Sub-indice has hit a high not seen since May 2022. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,030 respondents in Canada. This report is based on the four waves… Continue Reading Forward looking expectations sub-indice hits positive high not seen since May 2022. (Bloomberg/Nanos)

After skirting into negative territory at the tail end of 2023, consumer confidence in Canada is in a positive zone.  Factoring the past projective performance of the index this suggests a flat or marginally negative first part of 2024 followed by an improvement in the second part of the year. -Nik Nanos, Chief Data Scientist… Continue Reading Consumer confidence continues to incrementally improve. (Bloomberg/Nanos)

Canadian consumer confidence remains in marginally positive territory with a score just above 50 on the 100-point diffusion index.  Of note current confidence is at a level not seen since September 2023. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,055 respondents in Canada. This… Continue Reading Consumer confidence hits highest level since September 2023. (Bloomberg/Nanos)