Economy
Canadian consumer confidence continues to decline after US election. Positive views on future strength of economy slump eight points

Canadian consumer confidence continues to decline after US election. Positive views on future strength of economy slump eight points

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,003 respondents in Canada. This report is based on the four waves of tracking ending November 22nd, 2024. The margin of error for a random survey of 1,003 Canadians is ±3.1 percentage points, 19 times out of 20. The research was commissioned by the Bloomberg and was conducted by Nanos Research.

Retail industry praises GST holiday but says they may be 'laborious' for some

Retail industry praises GST holiday but says they may be 'laborious' for some

Retail organizations are applauding a move to temporarily stop charging the federal sales tax on many items, but say the...

Inflation ticked up to 2% in October after previous month's steep drop in gas prices

Inflation ticked up to 2% in October after previous month's steep drop in gas prices

Canada's inflation rate ticked up to two per cent in October, Statistics Canada said on Tuesday. The consumer price index...

Governing for Growth in a Time of Polycrisis

Governing for Growth in a Time of Polycrisis

We live in difficult times for policymakers and governments. The term “polycrisis”, coined by Edgar Morin and Anne Brigitte Kern...

Canadians twice as likely to report they are worse off financially rather than better off now compared to last year

Canadians twice as likely to report they are worse off financially rather than better off now compared to last year

Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,010 Canadians, 18 years...

Perceptions on future strength of the Canadian economy shows some weakening in wake of US election

Perceptions on future strength of the Canadian economy shows some weakening in wake of US election

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,055 respondents in Canada. This report is...

Business advocacy group says Ottawa shouldn't tax carbon rebates

Business advocacy group says Ottawa shouldn't tax carbon rebates

A small business advocacy group is re-upping calls to eliminate the carbon tax, after it says members learned the Canada...



Consumer confidence remains steady and in positive territory. Pocketbook sub-indice on job security and personal finances hits a 19-month high

Consumer confidence remains steady and in positive territory. Pocketbook sub-indice on job security and personal finances hits a 19-month high

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,023 respondents in Canada. This report is...

Inflationitis Strikes Again - A scarcity mindset is killing incumbent governments everywhere.

Inflationitis Strikes Again - A scarcity mindset is killing incumbent governments everywhere.

Two years of market research and polling have helped me identify a condition that, if left unchecked, has the power...

One in 4 parents say they cut back their own food consumption to feed their kids: report

One in 4 parents say they cut back their own food consumption to feed their kids: report

One in four parents say they cut back on their own food consumption to ensure their children had enough to...

Trump's victory sparks concerns over ripple effect on Canadian economy

Trump's victory sparks concerns over ripple effect on Canadian economy

As Canadians wake up to news that Donald Trump will return to the White House, the president-elect's protectionist stance is...

Bank of Canada Warns of ‘Tinkering’ With Mortgage Rules

Bank of Canada Warns of ‘Tinkering’ With Mortgage Rules

The Bank of Canada’s second in command cautioned against “tinkering too much with the mortgage market” to fix housing affordability...

Ontario hits a new 30-month high in consumer confidence

Ontario hits a new 30-month high in consumer confidence

Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,039 respondents in Canada. This report is...

Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

Economy stalled in August, Q3 growth looks to fall short of Bank of Canada estimates

The Canadian economy was flat in August as high interest rates continued to weigh on consumers and businesses, while a...

Monthly food bank use soars to record 2 million, driven by cost of groceries, housing

Monthly food bank use soars to record 2 million, driven by cost of groceries, housing

Canada's reliance on food banks has soared to a grim new milestone, according to data from Food Banks Canada. The...

Consumer confidence continues to trend upward. The forward-looking Expectations Sub-indice has hit a high not registered since April of 2022

Consumer confidence continues to trend upward. The forward-looking Expectations Sub-indice has hit a high not registered since April of 2022

After setting a new 30-month positive high last week, Canadian consumer confidence continues to trend in positive territory. Forward looking...



High food prices still an issue

Canada’s Soft Landing: Inflation Down, Interest Rates Falling, Economy Growing

Canada’s Soft Landing: Inflation Down, Interest Rates Falling, Economy Growing

On October 22, 2024, the Bank of Canada reduced its policy interest rate by 50 basis points to 3.75 per...

Bank of Canada cuts key rate by 50 basis points in oversized step

Bank of Canada cuts key rate by 50 basis points in oversized step

The Bank of Canada delivered an oversized interest rate cut of half a percentage point on Wednesday, picking up the...

Majority of Canadians think short-term rentals have negative impacts and support limiting commercial short-term rentals

Majority of Canadians think short-term rentals have negative impacts and support limiting commercial short-term rentals

A majority of Canadians think short-term rental properties have a negative or somewhat negative impact on housing availability (23% somewhat...

Bank of Canada in Position to Accelerate Rate Cuts: Decision Guide

Bank of Canada in Position to Accelerate Rate Cuts: Decision Guide

The Bank of Canada is likely to make a jumbo cut to interest rates, acknowledging that borrowing costs should fall...

Not close enough for comfort: Inflation drops, but most continue to struggle with grocery, rental costs

    Not close enough for comfort: Inflation drops, but most continue to struggle with grocery, rental costs

    As Canadians absorb the implications of another change in the inflation rate – down to 1.6 per cent – many...

    Consumer confidence hits 30 month high

    Consumer confidence hits 30 month high

    Canadian consumer confidence has hit a new 30 month high. Sentiment is tracking upward on both the future-looking Expectations Sub-indice...

    Canada's inflation rate falls to 1.6% in September, smallest yearly increase since 2021

    Canada's inflation rate falls to 1.6% in September, smallest yearly increase since 2021

    Statistics Canada says the annual inflation rate continued to slow in September as drivers paid lower prices for gasoline than...

    Canadians more than three times more likely to believe real estate will increase rather than decrease in value (Bloomberg/Nanos)

    Canadians more than three times more likely to believe real estate will increase rather than decrease in value (Bloomberg/Nanos)

    Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,010 respondents in Canada. This report is...



    Jobless rate drops to 6.5% in September. What that means for rate cut hopes

    Jobless rate drops to 6.5% in September. What that means for rate cut hopes

    The Canadian economy added some 47,000 jobs in September, enough to lower the unemployment rate for the first time since...

    Adjusting the Sails - 2024  Atlantic Canada Momentum Index

    Adjusting the Sails - 2024 Atlantic Canada Momentum Index

    This year’s Atlantic Canada Momentum Index offers evidence of a region at a critical juncture. The strong momentum outlined in...

    Former Bank of Canada Official Sees Jumbo Rate Cut in October

    Former Bank of Canada Official Sees Jumbo Rate Cut in October

    An ex-member of the Bank of Canada’s governing body said officials should cut borrowing costs by half a percentage point...

    Consumer confidence remains in positive territory with views on future strength of economy up in past four weeks

    Consumer confidence remains in positive territory with views on future strength of economy up in past four weeks

    Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,010 respondents in Canada. This report is...

    Positive views on the future strength of the economy up a significant six points in four weeks (Bloomberg/Nanos)

    Positive views on the future strength of the economy up a significant six points in four weeks (Bloomberg/Nanos)

    Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,046 respondents in Canada. This report is...

    Brighter signs on affordability just as Liberals run out of time

    Brighter signs on affordability just as Liberals run out of time

    Interest rates are falling. Inflation is back down to the target level. Wages have finally caught up, on average, to...

    Labrador residents say "inhumane" food prices force families to go hungry

      Labrador residents say "inhumane" food prices force families to go hungry

      A mother in a community where the cost of living is one of the highest in the country says grocery...

      Poloz Hears Proposals for New Fund to Pull Canada’s Pension Managers Back Home

      Poloz Hears Proposals for New Fund to Pull Canada’s Pension Managers Back Home

      Former Bank of Canada Governor Stephen Poloz is examining a list of ideas to get the country’s pension funds to...

      Gap between richest and the rest creates a land of disappointed citizens: economist

      Gap between richest and the rest creates a land of disappointed citizens: economist

      Nova Scotia economist Lars Osberg's latest book on the widening gap between the very richest and the rest argues the...

      Consumer confidence hits 29 month high on easing of interest rates

      Consumer confidence hits 29 month high on easing of interest rates

      Canadian consumer confidence hit a 29-month high – largely on more positive views on the future strength of the Canadian...

      One in three Canadians are worried or somewhat worried about paying for housing costs next month – worry for younger Canadians jumps to one half

      One in three Canadians are worried or somewhat worried about paying for housing costs next month – worry for younger Canadians jumps to one half

      One in three Canadians say they are worried (14%) or somewhat worried (19%) about paying next month’s housing costs, whereas...

      Inflation cools sharply to 2% in August, hitting Bank of Canada’s target

      Inflation cools sharply to 2% in August, hitting Bank of Canada’s target

      Annual inflation cooled sharply to two per cent in August, according to Statistics Canada, marking a major milestone in the...

      Canada Yield Curve Disinverts With Fed and Macklem Eyeing Cuts

      Canada Yield Curve Disinverts With Fed and Macklem Eyeing Cuts

      Canada’s benchmark two-year yield briefly dropped below the 10-year for the first time in more than two years, as traders...

      Ottawa to expand 30-year amortizations, raise insured mortgage cap

      Ottawa to expand 30-year amortizations, raise insured mortgage cap

      The Liberal government on Monday announced proposed changes to the Canadian mortgage market, expanding the availability of 30-year amortizations and...

      People over four times more likely to think the value of real estate will increase rather than decrease

      People over four times more likely to think the value of real estate will increase rather than decrease

      Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,093 respondents in Canada. This report is...

      Canada is getting poorer when compared to its wealthy peers, data shows

      Canada is getting poorer when compared to its wealthy peers, data shows

      Tepid economic growth, combined with a population boom, has hit Canada’s standing among rich countries. Canada is among the richest...

      Consumer confidence hits a two-year high concurrent with rate cut announcement

      Consumer confidence hits a two-year high concurrent with rate cut announcement

      Nanos conducted an RDD dual frame (land- and cell-lines) telephone random survey of 1,120 respondents in Canada. This report is...

      Canada’s unemployment rate hits 7-year high in August

      Canada’s unemployment rate hits 7-year high in August

      Canada’s unemployment rate ticked higher again in August as the labour market continues to cool. Statistics Canada said Friday that...