Category: Bloomberg

Consumer confidence is on a 15 week positive streak thanks in large part to improving attitudes on the future strength of the Canadian economy and the perceived future value of real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,092 respondents in Canada. This… Continue Reading Consumer confidence positive for 15th week in succession (Bloomberg/Nanos)

The forward-looking Bloomberg Nanos Expectations sub-indice has been trending upward for four months in succession.  Based on past performance, and the predictive track record of the Nanos data, this suggest an economic lift in the latter part of 2024. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random… Continue Reading Forward looking expectations hits a two-year high (Bloomberg/Nanos).

Under 2 in 3 Canadians say the federal government should either reduce spending and pay down debt or reduce spending and cut taxes. One in four say the government should continue as planned, while less than one in ten say the government should increase spending, funded either by more borrowing or higher taxes. Nanos conducted… Continue Reading Almost two in three prefer spending restraint over increasing spending or continuing as planned (Bloomberg/Nanos)

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)