Canadian consumer confidence continues to decline shifting from being positive towards a neutral state of sentiment. Downward pressure has been largely driven by an erosion of positive sentiment on personal finances and a more tepid view on the future strength of the Canadian economy.
-Nik Nanos, Chief Data Scientist
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,135 respondents in Canada. This report is based on the four waves of tracking ending May 10th, 2024. The margin of error for a random survey of 1,135 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.