Updated
Updated · Wealth Professional · Jul 22
Canada Confidence Index Falls to 51.43 as Quebec Leads and Ontario Rebounds
Updated
Updated · Wealth Professional · Jul 22

Canada Confidence Index Falls to 51.43 as Quebec Leads and Ontario Rebounds

2 articles · Updated · Wealth Professional · Jul 22

Summary

  • The Bloomberg Nanos Canadian Confidence Index slipped to 51.43 this week from 52.65, leaving household sentiment only modestly net-positive and below its 2026 high of 54.19.
  • Four-week trends were firmer: the composite rose from 50.42, the Pocketbook Index reached 52.77 from 51.48, and the Expectations Index edged up to 50.09 from 49.36.
  • Quebec posted the strongest regional reading at 54.66, while Ontario improved to 50.13 from 46.48 four weeks earlier; British Columbia and the Prairies stayed near neutral at 50.43 and 49.97.
  • Canadians aged 18 to 29 saw the sharpest weekly drop, falling to 46.71 from 54.69, while sentiment among those 40 to 49 rose to 54.12.
  • The index has averaged 50.75 in 2026 versus 54.72 since 2008, after hitting a 2026 low of 46.31 in April; the latest survey covered 1,022 adults through July 17.

Insights

Why are young Canadians suddenly losing hope while middle-aged citizens experience a surprising surge in economic optimism?
With job loss fears dropping but housing intentions stalling, what hidden financial pressure is silently breaking the Canadian consumer?