Category: Consumers

The most recent week of tracking had only 10.65 percent of Canadians reporting their personal finances are better off than a year ago.  This ties a record low since our consumer confidence tracking began back in 2008.  This current mood related to personal finances is worse than during either the Global Financial Crisis in 2008… Continue Reading Optimism on personal finances hits rock bottom: Ties record since tracking started in 2008. (Bloomberg/Nanos)

Canadian consumer confidence continues to track near the neutral score of 50 on the 100-point Bloomberg Nanos Index with no new development in the relationship with the US.  Views on real estate remain net positive while views on the future strength of the economy and personal finances tend to be more negative than positive. –… Continue Reading Consumer confidence continues to drift in neutral territory with no new developments in the Canada US trade relationship. (Bloomberg/Nanos)

A multi-week decline in Canadian consumer confidence abated concurrent with Prime Minister Carney lifting retaliatory tariffs against the United States.  That said, Canadians are still over two times more likely to believe the Canadian economy will get weaker rather than stronger in the next six months. – Nik Nanos, Chief Data Scientist Nanos conducted an… Continue Reading Slide in consumer confidence abates concurrent with Canada dropping retaliatory tariffs. (Bloomberg/Nanos)

Canadian consumer confidence continues its gradual slide to a neutral stance of 50 on the 100-point consumer confidence scale. Concern over the future state of the Canadian economy and real estate values are key drivers of the softening of consumer confidence. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and… Continue Reading Consumer Confidence continuing to edge downwards (Bloomberg/Nanos)

Compared to the last four weeks or three months, Canadian consumer confidence is sliding and moving towards a more neutral position near a score of 50 points on the 100-point diffusion index which captures sentiment.  All four sub elements of consumer confidence are softening compared to four weeks ago. – Nik Nanos, Chief Data Scientist… Continue Reading Consumer confidence sliding towards neutral territory. (Bloomberg/Nanos)

Canadian consumer confidence remains in a  marginally positive territory with a score above 50 points on the 100-point diffusion index. The tentative mood coincides with uncertainty on the Canada-US trade relationship. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,094 respondents in Canada. This… Continue Reading Consumer confidence in holding pattern as trade status with US uncertain. (Bloomberg/Nanos)

Canadian consumer confidence continues to remain in a marginally positive holding pattern as uncertainty about the trade relationship continues. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,096 respondents in Canada. This report is based on the four waves of tracking ending August 1st,… Continue Reading Consumer confidence marginally positive. (Bloomberg/Nanos)

Perhaps the only certainty in the trade discussions with the United States is uncertainty. In this environment, Canadian consumer confidence remains in a marginally positive holding pattern. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,027 respondents in Canada. This report is based on… Continue Reading Consumer confidence in holding pattern as the only certainty in the trade negotiations with US is uncertainty. (Bloomberg/Nanos)

Consumer confidence in Canada remains in positive territory and is at 34 week high. Of note, the weekly Bloomberg Nanos Index is lower in British Columbia and Ontario compared to other regions in Canada. – Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,026 respondents… Continue Reading Consumer confidence hits high not seen since November 2024. (Bloomberg/Nanos)