Economists expect tax changes from a year ago will result in a year-over-year surge in food prices when Statistics Canada reports January inflation figures later this week. StatCan will publish its January consumer price index report on Tuesday, a day later than originally scheduled. The agency recently adopted a Monday publishing schedule for the consumer price index but shifted the...
After a prolonged flatline trend, consumer confidence is up for the first time in almost six months. The Bloomberg Nanos Index is largely up on more positive sentiment related to personal finances and job security compared to four weeks ago.
Canada's unemployment rate ticked down to 6.5 per cent in January, but the economy lost 25,000 jobs, Statistics Canada said on Friday. The unemployment rate — the lowest since September 2024 — was the result of fewer people actively searching for work. The data agency also noted that the number of people who were neither employed nor looking for work...
Bank of Canada research suggests the acceleration in food inflation last year was almost entirely due to rising import costs, not domestic factors. The total annual change in food costs, excluding fruits and vegetables, was 3.1% in 2025, and 2.7 percentage points of that increase was due to direct imports, imported inputs and international shipping costs, according to research released...
Consumer confidence in Canada continues to flatline in neutral. Of note, the percentage of Canadians who believe the economy will get stronger in the next six months has hit a 10 week low.
This research gauged the opinion of Canadians on areas of spending where they would like to see more reduced costs in 2026.
The Bank of Canada held its benchmark interest rate steady Wednesday and forecasts a gradual economic recovery from the U.S. tariff shock. The policy rate remains at 2.25 per cent after the central bank’s first decision of the year. Economists had widely expected the hold.
The old world is dying and a new era of global instability beckons. But first, the groceries. "For many Canadians, the cost of groceries and everyday essentials has been too high for too long. They need more support now," Prime Minister Mark Carney conceded on Monday morning, speaking at a grocery store in Ottawa, almost exactly a week removed from...
Proposed changes to the GST credit announced Monday by Prime Minister Mark Carney should provide some relief for lower-income Canadians, but experts caution it may not account for future surges in the cost of living. Carney unveiled a 25 per cent hike to the GST credit in a temporary move set to last for five years, billed as a measure...
Canadian consumer confidence remains gripped in neutrality with a score at 50.36 points on the 100 point diffusion index. People are two and one half times more likely to believe that the Canadian economy will get weaker rather than stronger in the next six months.
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,084 respondents in Canada. This report is based on the four waves of tracking ending January 16th, 2026. The margin of error for a random survey of 1,084 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
https://nanos.co/consumer-confidence-stranded-in-neutral-bloomberg-nanos/#:~:text=Canadian%20consumer%20confidence%20remains%20almost%20perfectly%20neutral%20as%20we%20open%20up%202026%20with%20the%20environment%20neither%20encouraging%20positivity%20nor%20advancing%20negativity.
Consumer confidence nationally remains mired in neutral. Of note, Ontarians have the most negative consumer confidence followed by British Columbians. Confidence in those two provinces is the most negative.
Canadian consumer confidence closes out the year in a neutral posture with a score near 50 on the 100-point diffusion index. Views related to the future strength of the Canadian economy and person finances remain net negative while perceptions on the future value of real estate remains net positive.
Someone needs to tell Donald Trump that yelling a lie won’t make doubters believe it. In his defensive, Scrooge-like message from the White House last week, Shouty Claus railed about the awful economy he’d inherited and how hard it’s proving to mend. Nonetheless, he boomed in staccato until he grew breathless, the economy was doing great, it was on the...
Nanos conducted a representative non-probability online survey of 1000 Ontarians, 18 years of age or older, between December 10 and 12, 2025. The sample is geographically stratified to be representative of Ontario.
The research gauged the opinions among Canadians on their perceptions and concerns regarding economic conditions and housing affordability. Respondents were asked about their expectations for the next generation’s standard of living, with options ranging from higher to lower standards compared to today. Additionally, the survey gauged individuals’ worries about their ability to pay for housing in the near term and...
Although Canadian consumer confidence continues to be in negative territory, the trend is marginally improving over time largely driven by more positive views in the forward-looking Expectations Sub-indice.
I noticed a really interesting question asked recently by POLITICO in the United States about the cost of living. It cut through the noise by asking people something very simple: does the cost of living today feel worse than ever, merely bad, or not bad at all? Given how central affordability has been to politics in Canada, I decided to...
Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,009 Canadians, 18 years of age or older, between November 29th and December 2nd, 2025, as part of an omnibus survey.
On November 4th, Budget 2025 shifted the Carney government’s policy priorities to economic growth and national defence in response to a rupture in Canada-US trade relations and new NATO commitments. Public finance with a focus on capital investment is the principal instrument of change. In line with this strategy, a closer look at Canada’s sagging productivity suggests the next budget...
Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,009 Canadians, 18 years of age or older, between November 29th and December 2nd, 2025, as part of an omnibus survey. The margin of error for this survey is ±3.1 percentage points, 19 times out of 20.
As Canadians begin budgeting for the new year, grocery prices remain the top financial concern across the country, according to a new Nanos research survey conducted for CTV News. The survey highlights where Canadians are feeling the largest financial pinch as they head into the holiday season and the coming year.
Canadian consumer sentiment continues in a neutral position with a score of 49.45 on the 100 point diffusion index that makes up the BNCCI. The forward looking Expectations Sub-Indice remains in negative territory but has been improving over the past four weeks.
Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,009 Canadians, 18 years of age or older, between November 29th and December 2nd, 2025, as part of an omnibus survey. The margin of error for this survey is ±3.1 percentage points, 19 times out of 20.
The research gauged the opinions among Canadians on the Bank of Canada’s interest rate. Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,009 Canadians, 18 years of age or older, between November 29th and December 2nd, 2025 as part of an omnibus survey. The margin of error for this survey is ±3....
The labour market surprised economists again in November with a third straight month of job gains. Statistics Canada said Friday that the economy added 54,000 new positions last month compared with economists’ expectations for a small loss. The unemployment rate fell to 6.5 per cent in November, down from 6.9 per cent in October, marking a second consecutive monthly decline...
Food prices in Canada could increase by four to six per cent next year, largely driven by pricier meat products, according to a forecast by researchers at Dalhousie University. Beef in particular is expected to get more expensive, potentially rising seven per cent, as cattle sizes shrink (those markets are susceptible to tariffs) and more ranchers leave the industry, said...
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,084 respondents in Canada. This report is based on the four waves of tracking ending November 28th, 2025. The margin of error for a random survey of 1,084 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Canada's economy posted surprisingly strong growth in the third quarter, but economists looking underneath the hood offered a series of caveats that suggest weaker results than the headline figures imply. Statistics Canada said Friday that real gross domestic product rose 2.6 per cent on an annualized basis in the third quarter of 2025, marking a rebound from a contraction of...
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,053 respondents in Canada. This report is based on the four waves of tracking ending November 21st, 2025. The margin of error for a random survey of 1,053 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Over the past few months, a single question has loomed over the economic landscape: Is Canada slipping into a recession? As the trade war bit deeper over the summer, the economy stalled. The unemployment rate climbed and economic growth repeatedly dipped into negative territory.
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,060 respondents in Canada. This report is based on the four waves of tracking ending November 14th, 2025. The margin of error for a random survey of 1,060 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Cheaper prices at the gas pumps and grocery store helped bring down inflation in October, Statistics Canada said Monday. The annual rate of inflation cooled to 2.2 per cent in October – a tick higher than economists’ expectations but down from 2.4 per cent in September. Gas prices fell 4.8 per cent on a monthly basis in October as retailers...
The Swedish manufacturer of the Gripen fighter jet, SAAB, says 10,000 manufacturing and research jobs could land in Canada if Ottawa adds the aircraft to its military fleet. SAAB President and CEO Micael Johansson confirmed to CTV News during an interview at the company’s headquarters in Stockholm that he has talked to Ottawa about making Gripens on Canadian soil. He...
Canadian consumer confidence continues to trend downward into negative territory with negative sentiments not hitting levels seen since this past May. Positive sentiment on the value of real estate is noticeably down in the past four weeks.
Statistics Canada says the economy added 67,000 jobs in October, blowing past economists’ labour market expectations for a second month in a row. Those job gains were concentrated in part-time work while the private sector saw employment grow for the first time since June.
1 in 5 Canadians say they have skipped paying a bill to afford groceries in the past year. One in ten each rarely (nine percent) or sometimes (eight percent) skipped a bill to afford groceries while about five percent say they often skipped bills to afford groceries. Canadians aged 18 to 34 and 35 to 54 (18% each) are more...
As Mark Carney’s government prepares to release its first budget today, Canadians remain far more likely to believe the economy will get worse before it gets better. Yet despite this macro pessimism, many hold steady expectations for their own finances, revealing a cautious but resilient public mood. This survey was done in partnership with The Logic.
Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,060 respondents in Canada. This report is based on the four waves of tracking ending October 31st, 2025. The margin of error for a random survey of 1,060 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.
Interest rates can only do so much. So, pressure now turns to the federal budget. By just about every measure, Canada’s economy is stuck in a ditch. Growth has sputtered. The unemployment rate is rising. In normal times, the remedy is clear. The Bank of Canada cuts interest rates and the federal government boosts spending to help businesses and households...
The Bank of Canada cut its benchmark interest rate by a quarter point today and is signaling it may be satisfied with where the policy rate stands amid ongoing U.S. trade uncertainty.
