People are three times more likely to say their personal finances are worse rather than better compared to a year ago (Bloomberg/Nanos)

Canadians are three time more likely to have a negative rather than a positive view on their personal finances compared to a year ago. This is in the context of a marginally positive overall consumer confidence score driven by views on the value of real estate.

-Nik Nanos, Chief Data Scientist

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,120 respondents in Canada. This report is based on the four waves of tracking ending July 12th, 2024. The margin of error for a random survey of 1,120 Canadians is ±2.9 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.