Canadian consumer confidence in the opening part of 2023 remains mired in negativity with an overall Bloomberg Nanos Index score below 50 in the 100 point diffusion scale. Canadians remain net negative on the future value of real estate, their personal finances and the future strength of the economy.

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,000 respondents in Canada. This report is based on the four waves of tracking ending January 13, 2023. The margin of error for a random survey of 1,000 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

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