Forward negativity on future strength of Canadian economy hits level not seen since the depths of global pandemic in June 2020 (Bloomberg/Nanos)

Canadian consumer confidence continues to decline primarily driven by the forward looking Expectations Sub-indice.  Of note, two of three Canadians believe the economy will get weaker in the next six months hitting a level on this measure not seen since the depths of the global pandemic in 2020.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,074 respondents in Canada. This report is based on the four waves of tracking ending March 14th, 2025. The margin of error for a random survey of 1,074 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.