Category: Bloomberg

Over the past four weeks sentiment on a number of indicators that make up the Bloomberg Nanos Canadian Consumer Confidence Index have improved including personal finances, job security and views on the future strength of the economy.   -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey… Continue Reading Consumer confidence remains positive – Fundamentals driving sentiment improving over the past four weeks (Bloomberg/Nanos)

Consumer confidence remains in marginally positive territory with views on the future as measured in in the Expectations Sub-indice scoring higher than the Pocketbook Sub-indice which relates to one’s personal financial situation.   -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,105 respondents in Canada. This… Continue Reading Consumer confidence continue to track in marginally positive territory (Bloomberg/Nanos)

Canada’s tepid consumer confidence  continues to track in marginally positive territory. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,152 respondents in Canada. This report is based on the four waves of tracking ending May 17th, 2024. The margin of error for a random survey… Continue Reading Consumer confidence remains marginally positive (Bloomberg/Nanos)

Canadian consumer confidence continues to decline shifting from being positive towards a neutral state of sentiment.  Downward pressure has been largely driven by an erosion of positive sentiment on personal finances and a more tepid view on the future strength of the Canadian economy. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame… Continue Reading Views on personal finances and future strength of the economy continue to decline (Bloomberg/Nanos)

Similarly to the previous wave of research, the majority of Canadians are not confident or somewhat not confident that housing in Canada will be more affordable in five years than it is today. Residents of Quebec and British Columbia are more likely to be not confident or somewhat not confident than residents of Atlantic Canada… Continue Reading Majority of Canadians continue to lack confidence that housing will become more affordable in five years. (Bloomberg/Nanos)

Canadians are slightly more likely to say the capital gains tax increase will weaken the economy (45%) than say it is fair and will close the gap between rich and poor (38%). Residents of the Prairies are more likely to say this will weaken the economy (56%) than those in Quebec (34%) and Atlantic Canada… Continue Reading Canadians are split on the impact of the capital gains tax increase. (Bloomberg/Nanos)

In the most recent wave of Bloomberg Nanos confidence tracking, which Nanos has been monitoring since 2008, only 10 percent of Canadians report their finances are better compared to a year ago – the lowest reported score on record. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random… Continue Reading Positivity on personal finance Canadians report breaks record – hits new 16 year low (Bloomberg/Nanos)

Views on the increased future value of real estate is up and hit a high not seen for 100 weeks in the Bloomberg Nanos tracking. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,105 respondents in Canada. This report is based on the four waves… Continue Reading Perceptions that real estate will increase in value hits 100 week high (Bloomberg/Nanos)

Canadian consumer confidence has begun to decline. Of note confidence among Canadians that are under 30 years of age has hit a 14 month low. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,037 respondents in Canada. This report is based on the four waves… Continue Reading Young Canadians hit a 14 month low in consumer confidence (Bloomberg/Nanos)

Canadian consumer confidence has remained in positive territory for four months in succession, largely as result of positive forward views on the future strength of the economy and 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 1,053 respondents in… Continue Reading Consumer confidence remains positive for fourth month in succession (Bloomberg/Nanos)