Consumer confidence sinking in wake of Trump election and tariff Tweet (Bloomberg/Nanos)

Consumer confidence has been on a noticeable decline in the wake of the US election and Trump promise to impose new tariffs on Canadian goods.  Positive views on the future strength of the Canadian economy has dropped from 26 to 13 percent in the past four weeks.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,042 respondents in Canada. This report is based on the four waves of tracking ending November 29th, 2024. The margin of error for a random survey of 1,042 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

To view the full report, click here.