Confidence hits a four-month high. (Bloomberg/Nanos Research)

Canadian confidence improved in early July, with the Bloomberg Nanos Canadian Confidence Index rising to 52.65 from 50.17 four weeks earlier. Confidence was last at this level in March 2026. The Pocketbook Index increased to 54.20, while the Expectations Index reached 51.10. Despite the improvement, confidence remains below the long-term BNCCI average of 54.72.

– Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,018 respondents in Canada. This report is based on the four waves of tracking ending July 10th, 2026. The margin of error for a random survey of 1,018 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

To read the full report, click here.