Economy
Consumer confidence trending down – View that economy will get weaker hits high not seen since the summer of 2020

Consumer confidence trending down – View that economy will get weaker hits high not seen since the summer of 2020

Canadian consumer confidence continues to trend downwards in an environment of uncertainty spurred by US President Trump. Of note, pessimism on the future strength of the economy hit a high not seen since the summer of 2020. Those who report their job is absolutely secure hit a low also not seen since the summer of 2020. -Nik Nanos, Chief Data...

Forward looking Expectations Sub-indice hits two year low – Those reporting their job is security hits numeric low not seen since summer of 2020

Forward looking Expectations Sub-indice hits two year low – Those reporting their job is security hits numeric low not seen since summer of 2020

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,121 respondents in Canada. This report is based on the four waves of tracking ending April 4th, 2025. The margin of error for a random survey of 1,121 Canadians is ±2.9 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

Over four in five Canadians care to one extent or another about the size of the deficit.

Over four in five Canadians care to one extent or another about the size of the deficit.

People continue to care about the size of the Government of Canada deficit. This in the wake of a focus on the binational relationship and economic uncertainty. The intensity of care has marginally declined. Overall, the numbers are consistent with the 2021 baseline. Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,05...

Canadian economy lost 33,000 jobs in March, biggest loss since 2022

Canadian economy lost 33,000 jobs in March, biggest loss since 2022

The economy shed 33,000 jobs in March, the biggest loss since January 2022, while the unemployment rate ticked higher, Statistics Canada said Friday.The agency said the unemployment rate for March rose to 6.7 per cent compared with 6.6 per cent in February.

Canadians Want Housing Policy Reform, Highlighting the Need for Faster Development and Innovative Financing

Canadians Want Housing Policy Reform, Highlighting the Need for Faster Development and Innovative Financing

Between November 6 and 18, Abacus Data conducted a national survey of 4,001 Canadian adults (18+) to explore public perceptions of the housing market. Commissioned by Mattamy Homes Canada, this study looks at how Canadians feel about housing affordability, accessibility, and the role of governments, developers, and other stakeholders in addressing the crisis. The findings reveal widespread concern: a significant...

Percentage of Canadians who think economy will get weaker in next six months nears high not seen since June 2020

Percentage of Canadians who think economy will get weaker in next six months nears high not seen since June 2020

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,123 respondents in Canada. This report is based on the four waves of tracking ending March 28th, 2025. The margin of error for a random survey of 1,123 Canadians is ±2.9 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

Consumer confidence continues to erode in wake of Canada-US tensions (Bloomberg/Nanos)

Consumer confidence continues to erode in wake of Canada-US tensions (Bloomberg/Nanos)

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,100 respondents in Canada. This report is based on the four waves of tracking ending March 21st, 2025. The margin of error for a random survey of 1,100 Canadians is ±3.0 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.



The NDP will unlock public land to build more homes people can afford

    The NDP will unlock public land to build more homes people can afford

    Canada needs 6 million new homes. Today Jagmeet Singh unveiled the first step in the NDP plan to use every available lever to meet that target and make sure every Canadian can find a home they can afford - by unlocking public land to build rent-controlled homes. “While working and middle-class families are being priced out of the market, big...

    The economic question at the heart of this election

    The economic question at the heart of this election

    This Canadian election is about a lot of things. It’s about trade and tariffs and threats and sovereignty. It’s about anger and disappointment and frustration. But if you zoom out, it’s about the economy. There are two key questions voters will have to answer for themselves. One is, who is best to stand up to U.S. President Donald Trump...

    Negative outlook on future standard of living ties 13 year high

    Negative outlook on future standard of living ties 13 year high

    Canadians are now ten times more likely to say the next generation will have a lower (70%) rather than higher (seven per cent) standard of living than Canadians enjoy today. The seventy per cent of respondents who believe the next generation of Canadians will have a lower standard of living than Canadians have today equals a previous numerical high recorded...

    Small business optimism in Canada collapses to 25-year low

    Small business optimism in Canada collapses to 25-year low

    Optimism among Canada’s small and medium-sized firms fell to the lowest level in at least a quarter-century after the US started a trade war with the country, according to the Canadian Federation of Independent Business. The CFIB’s Business Barometer index fell to 25 this month, according to a flash poll of 1,065 firms taken between March 5 and March 7...

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

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

    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.

    End of federal tax holiday in February expected to lift inflation: economists

    End of federal tax holiday in February expected to lift inflation: economists

    Economists are expecting the annual rate of inflation accelerated in February as the federal government's temporary tax break came to an end mid-month.Statistics Canada is set to release February inflation figures on Tuesday.Economists polled by Reuters expect the annual inflation rate rose to 2.2 per cent last month, up from 1.9 per cent in January.

    Bank of Canada cuts interest rate as Trump’s trade war intensifies

    Bank of Canada cuts interest rate as Trump’s trade war intensifies

    The Bank of Canada on Wednesday cut its key interest rate, a move that comes just hours after U.S. President Donald Trump issued new steel and aluminum tariffs against Canada.The central bank cut its benchmark rate by 25 basis point, bringing it down to 2.75 per cent. This was the bank’s seventh consecutive interest rate cut.

    Forward looking expectations on the Canadian economy continue to slide

    Forward looking expectations on the Canadian economy continue to slide

    https://nanos.co/forward-looking-expectations-on-the-canadian-economy-continue-to-slide-bloomberg-nanos/#:~:text=Canadian%20consumer%20confidence,of%20real%20estate.

    3 in 4 Canadians reject the idea of an economic union with the US where Canada would adopt the US dollar

    3 in 4 Canadians reject the idea of an economic union with the US where Canada would adopt the US dollar

    Presented with the idea of an economic union with the United-States similar to the European Union but where Canada adopts the US dollar as its currency, most Canadians oppose (65%) or somewhat oppose (10%) this. About one in five support (nine per cent) or somewhat support (11%) this. Opposition is stronger among women (80%) than men (69%).



    Forward looking expectations continue to cycle into negative territory in wake of Trump tariff threats

    Forward looking expectations continue to cycle into negative territory in wake of Trump tariff threats

    Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,024 respondents in Canada. This report is based on the four waves of tracking ending February 28th, 2025. The margin of error for a random survey of 1,024 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

    With health care near a breaking point and our economy in flux, it’s time to embrace what works, and fix the things that don’t.
    Forward looking expectations hits a 98 week low

    Forward looking expectations hits a 98 week low

    Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,026respondents in Canada. This report is based on the four waves of tracking ending February 21st, 2025. The margin of error for a random survey of 1,026 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

    Navigating chaos with little cushion

    Navigating chaos with little cushion

    Numbers out this week will show just how precarious a footing Canada's economy is on as it braces for a trade war.GDP growth has been meagre at best for a while now.GDP expanded by 0.3 per cent in the third quarter (July, August and September) after rising 0.5 per cent in the first two quarters of the year.

    Protecting Canada’s Economic Integrity in a New Threat Environment

    Protecting Canada’s Economic Integrity in a New Threat Environment

    A group of Canadian tech entrepreneurs recently launched something called Build Canada, which bills itself as “a platform of bold ideas for growth, innovation, and prosperity”. Perhaps because of the supersized influence of Elon Musk on Donald Trump and Big Tech CEOs lined up in an unseemly pay-to-play scheme at Trump’s inauguration, some are skeptical about Canadian tech entrepreneurs wanting...

    Macklem Says ‘Not the Time’ to Rethink 2% Inflation Target

    Macklem Says ‘Not the Time’ to Rethink 2% Inflation Target

    Bank of Canada Governor Tiff Macklem launched the central bank’s review of its framework, but strongly suggested that officials are likely to re-endorse the bank’s current approach to targeting 2% inflation.

    Forward looking expectations slide in wake of Trump steel and aluminum tariff threat

    Forward looking expectations slide in wake of Trump steel and aluminum tariff threat

    Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,018 respondents in Canada. This report is based on the four waves of tracking ending February 14th, 2025. The margin of error for a random survey of 1,018 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

    Inflation ahead

    Inflation ahead

    It's remarkable how quickly the things we worried about can change.For years now, inflation was the most important thing on the economic landscape. Now, it's tariffs and the threats emanating from the White House.Those tariffs will have a weird impact on inflation.

    Energy Policy: Canadians’ priorities shift from environment to economic growth and domestic capacity

      Energy Policy: Canadians’ priorities shift from environment to economic growth and domestic capacity

      The return of U.S. President Donald Trump to the Oval Office, and his threat of widespread tariffs, has seismically shifted the economic landscape. It has also threatened to upend energy development in both the long- and short-term. New data from the non-profit Angus Reid Institute finds that Canadians’ own priorities when it comes to energy policy may be shifting alongside...

      Federal Liberals can't be trusted with the economy

      Federal Liberals can't be trusted with the economy

      Given their dismal economic record after 10 years in power, it’s hard to comprehend why anyone would trust the federal Liberals to be responsible stewards of the nation’s finances heading into this year’s election.

      Economic Concerns

      Economic Concerns

      Overall, Canadians (82%) are concerned that Donald Trump could use tariffs or trade sanctions to pressure Canada into a closer union with the U.S.​ Concern is highest among Liberal (93%) and NDP (92%) voters, while Conservative supporters are less worried (75%)​. In response to these threats, a majority of Canadians (81%) plan to or have increased purchases of Canadian-made products...

      Most Ontarians are concerned about the impact of possible US tariffs on Ontario’s economy

      Most Ontarians are concerned about the impact of possible US tariffs on Ontario’s economy

      The CTV News/Nanos nightly provincial election tracking conducted by Nanos Research surveys 900 Ontarians aged 18 years and over three days (300 interviews each day). Respondents are all randomly recruited through a dual-frame (cell- and land-line) RDD sample using live agents. One half of the sample is administered the questionnaire by telephone and one half are administered the same questionnaire...

      Bank of Canada Adds Second Outsider to Rate-Setting Council

      Bank of Canada Adds Second Outsider to Rate-Setting Council

      The Ottawa-based central bank announced that Alexopoulos, a professor of economics at the University of Toronto, would join the bank’s governing council for a two-year term starting March 17. She joins the policymaking body as the second external deputy governor.

      Forward looking consumer expectations remain in negative territory as tariff taunts from Trump continue

      Forward looking consumer expectations remain in negative territory as tariff taunts from Trump continue

      Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,005 respondents in Canada. This report is based on the four waves of tracking ending February 7th, 2025. The margin of error for a random survey of 1,005 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

      Consumer confidence hovering near neutral

      Consumer confidence hovering near neutral

      Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,025 respondents in Canada. This report is based on the four waves of tracking ending January 31st, 2025. The margin of error for a random survey of 1,025 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

      BoC cuts key interest rate to 3% as tariff threats loom

      BoC cuts key interest rate to 3% as tariff threats loom

      Canada’s central bank has cut interest rates for a sixth consecutive time as inflation remains around two per cent and the threat of U.S. tariffs looms.The 25-basis point cut comes as the Bank of Canada forecasts GDP growth will strengthen in 2025 if there is no trade war with the United States.

      Consumer confidence slowly improving after a post Trump-win decline

      Consumer confidence slowly improving after a post Trump-win decline

      Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,023 respondents in Canada. This report is based on the four waves of tracking ending January 24th, 2025. The margin of error for a random survey of 1,023 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

      Consumer confidence stabilizing in neutral territory on eve of Trump inauguration

      Consumer confidence stabilizing in neutral territory on eve of Trump inauguration

      Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,040 respondents in Canada. This report is based on the four waves of tracking ending January 17th, 2025. The margin of error for a random survey of 1,040 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

      Canada's soft landing in jeopardy as Bank of Canada's Macklem faces Trump tariffs

      Canada's soft landing in jeopardy as Bank of Canada's Macklem faces Trump tariffs

      Governor Tiff Macklem has successfully wrestled down one of the worst inflationary crises in the Bank of Canada’s history, putting his nation on track for a soft landing. U.S. president-elect Donald Trump may dismantle all that with a stroke of a pen.

      Consumer confidence hits neutral in the opening week of 2025

      Consumer confidence hits neutral in the opening week of 2025

      After a decline in the period following the election of Donald Trump as President, Canadian consumer confidence remains in neutral for the opening of 2025. -Nik Nanos, Chief Data Scientist Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,001 respondents in Canada. This report is based on the four waves of tracking ending January 10...

      Level of worry about affording housing softens compared to this past summer. One of three young Canadians worry about paying for housing in the next 30 days.

      Level of worry about affording housing softens compared to this past summer. One of three young Canadians worry about paying for housing in the next 30 days.

      About one in four Canadians say they are worried (10%) or somewhat worried (16%) about paying next month’s housing costs, down from one in three in August 2024 (14% worried; 19% somewhat worried). Almost three in four Canadians say they are somewhat not worried (15%) or not worried (58%). Canadians aged 18 to 34 (35%) and 35 to 54 (30%)...

      Consumer confidence hovering around neutral as new year opens

      Consumer confidence hovering around neutral as new year opens

      Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,021 respondents in Canada. This report is based on the four waves of tracking ending January 3rd, 2025. The margin of error for a random survey of 1,021 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

      Consumer confidence closes out 2024 on a negative trajectory

      Consumer confidence closes out 2024 on a negative trajectory

      Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,014 respondents in Canada. This report is based on the four waves of tracking ending December 27th, 2024. The margin of error for a random survey of 1,014 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

      One in 20 Canadians say they are spending more this holiday season

      One in 20 Canadians say they are spending more this holiday season

      Canadians are nine times more likely to say they will spend less this holiday season (48%) rather than more (five per cent) compared to last year, which has declined from December 2023 (54%) but remains higher than 2022 (43%). Over two in five Canadians say they will spend about the same (45%). There has been a decline in the proportion...

      Heading into election year, cost of living still dominates voter priorities

      Heading into election year, cost of living still dominates voter priorities

      Canadians preparing to head to the polls in the new year are likely to be voting with their wallets.Cost-of-living issues continue to dominate the list of priorities for Canadians, according to the findings of new Ipsos polling conducted exclusively for Global News.

      Sputtering in Neutral: Consumer confidence hits neutral zone following US election period after a year of positivity

      Sputtering in Neutral: Consumer confidence hits neutral zone following US election period after a year of positivity

      Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,031 respondents in Canada. This report is based on the four waves of tracking ending December 13th, 2024. The margin of error for a random survey of 1,031 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was...