🇨🇦 NANOS: Optimism on hold: Economic confidence is steady, but expectations have yet to cross into positive territory.

Canada’s economic mood remains relatively stable, with the Bloomberg Nanos Canadian Confidence Index registering 51.22, compared with 51.68 last week and 50.88 four weeks ago. The index remains close to its 2026 average of 51.06, though below its longer-term average of 54.66.

The divide between Canadians’ current circumstances and expectations for the future persists. The Pocketbook Index, which reflects personal finances and job security, stands at 54.34, compared with 54.94 last week and 54.67 four weeks ago. The Expectations Index stands at 48.09, compared with 48.41 last week and 47.08 four weeks ago.

The individual measures also present a mixed picture. Some 65.97% of Canadians give positive ratings to their job security, little changed from 66.59% four weeks ago. Meanwhile, 10.60% say their personal finances have improved over the past year, compared with 12.65% four weeks ago.

Looking ahead, 23.91% expect the Canadian economy to strengthen, while 39.96% expect it to weaken. On real estate, 29.73% expect neighbourhood values to increase, while 43.80% expect them to remain unchanged. Overall, the findings point to an economic mood that remains broadly steady, alongside more restrained expectations about the months ahead.

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Bloomberg Nanos Canadian Consumer Confidence Index

Data Summary RELEASED for October 23, 2026

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