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Consumer confidence remains steady (Bloomberg/Nanos)

Canadian consumer confidence remains in marginally positive territory with a score above 50 on the 100-point diffusion index. Residents in Quebec and BC have higher level of consumer confidence than people in other parts of Canada. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,105… Continue Reading Consumer confidence remains steady (Bloomberg/Nanos)

Confidence up in the Bank of Canada’s commitment to reduce inflation (Bloomberg/Nanos)

Three in five Canadians say that they are confident or somewhat confident that the Bank of Canada is still committed to reducing inflation from the current level of 3.4 per cent to its target of 2 percent. The confidence level in the Bank of Canada to reduce inflation has increased noticeably since May 2022, with… Continue Reading Confidence up in the Bank of Canada’s commitment to reduce inflation (Bloomberg/Nanos)

On average Canadians report receiving 30 percent of their daily news through social media. (Bloomber...

Eight in ten Canadians say less than half of the daily news they consume comes from social media (mean of 29%, median is 15%). Just over one in five Canadians (24%) say they do not get any of their daily news through social media. Nanos conducted an RDD dual frame (land-and cell-lines) hybrid telephone and… Continue Reading On average Canadians report receiving 30 percent of their daily news through social media. (Bloomberg/Nanos)

Quebec leads in Canadian consumer confidence (Bloomberg/Nanos)

Consumer confidence remains marginally positive. Of note, individuals in Quebec have higher comparative consumer confidence compared to those that live in other parts of the country. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,108 respondents in Canada. This report is based on the four… Continue Reading Quebec leads in Canadian consumer confidence (Bloomberg/Nanos)

Consumer confidence steadily in positive territory (Bloomberg/Nanos)

Canadian consumer confidence remains in positive territory with a score above 50 points in the diffusion index. Residents in both Quebec and British Columbia have higher levels of confidence compared to those in other parts of the country. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey… Continue Reading Consumer confidence steadily in positive territory (Bloomberg/Nanos)

Marginally positive consumer confidence steady –Forward looking expectations neutral (Bloomberg/Nan

Canadian consumer confidence remains in marginally positive territory. Of note, the forward looking Bloomberg Nanos Expectations Sub-indices remains in neutral territory. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,132 respondents in Canada. This report is based on the four waves of tracking ending June… Continue Reading Marginally positive consumer confidence steady –Forward looking expectations neutral (Bloomberg/Nanos)

Consumer confidence remains positive (Bloomberg/Nanos)

After being in negative territory for most of 2023, Canadian consumer confidence remains above 50 points on the 100 point diffusion index. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,126 respondents in Canada. This report is based on the four waves of tracking ending… Continue Reading Consumer confidence remains positive (Bloomberg/Nanos)

Two in three say higher interest rates have a negative or somewhat negative impact on their spending...

Two in three respondents say that higher interest rates have impacted their personal spending negatively (36%) or somewhat negatively (28%), which is an increase since the last wave in February 2019, where two in five said it impacted their spending negatively (20%) or somewhat negatively (22%). Younger Canadians aged 18 to 34 were more likely… Continue Reading Two in three say higher interest rates have a negative or somewhat negative impact on their spending – negative impact of rate on spending on the rise. (Bloomberg/Nanos)

Majority say Canada should decrease trade with China. (Bloomberg/Nanos)

Asked what they think Canada’s future trade relationship with China should be, over one in two think Canada should decrease trade with China (55%), which is a drop of six percentage point from the November 2022 wave (61%), but still above the benchmark in December 2022 (45%). Residents of Quebec are more likely to say… Continue Reading Majority say Canada should decrease trade with China. (Bloomberg/Nanos)

Consumer confidence steadies in marginally positive territory (Bloomberg/Nanos)

Canadian consumer confidence is steadying in marginally positive territory with a score of 52.84 on the 100-point diffusion index. Individuals are three times more likely to be positive rather than negative on the future strength of real estate. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey… Continue Reading Consumer confidence steadies in marginally positive territory (Bloomberg/Nanos)