Consumer Confidence in Canada decreased to 42.08 points in October from 45.35 points in September of 2020.

Consumer Confidence in Canada averaged 52.82 points from 2010 until 2020, reaching an all time high of 57.05 points in November of 2018 and a record low of 35.60 points in April of 2020. This page provides - Canada Consumer Confidence - actual values, historical data, forecast, chart, statistics, economic calendar and news. Canada Consumer Confidence - values, historical data and charts - was last updated on October of 2020. source: Ipsos

Consumer Confidence in Canada is expected to be 48.00 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Consumer Confidence in Canada to stand at 52.50 in 12 months time. In the long-term, the Canada Consumer Confidence is projected to trend around 53.00 points in 2021 and 55.00 points in 2022, according to our econometric models.

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Canada Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
42.08 45.35 57.05 35.60 2010 - 2020 points Monthly

Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 42.08 45.35 57.05 35.60 points [+]
Retail Sales MoM 0.60 22.70 22.70 -24.80 percent [+]
Retail Sales YoY 2.70 3.00 10.50 -31.00 percent [+]
Retail Sales Ex Autos -0.40 15.50 15.50 -20.70 percent [+]
Consumer Spending 998375.00 1148851.00 1187398.00 182407.00 CAD Million [+]
Disposable Personal Income 1474308.00 1319436.00 1474308.00 24872.00 CAD Million [+]
Personal Savings 28.20 7.60 28.20 0.40 percent [+]
Consumer Credit 622751.00 616076.00 642986.00 11066.00 CAD Million [+]
Private Sector Credit 4618784.00 4613256.00 4618784.00 74836.00 CAD Million [+]
Bank Lending Rate 2.45 2.45 22.75 2.25 percent [+]
Gasoline Prices 0.79 0.82 1.32 0.41 USD/Liter [+]
Households Debt To GDP 106.16 101.93 106.16 52.46 percent of GDP [+]
Households Debt To Income 166.78 171.74 174.31 83.56 percent [+]


Canada Consumer Confidence
In Canada, the Index of Consumer Confidence is calculated from the combination of responses to 11 survey questions. Those questions, current state of the economy in the local area and in the country and its expected state 6 mths ahead; current personal financial situation and the expected situation 6 mths ahead; making a major purchase like a home or car now compared to 6 mths ago; making other household purchases now compared to 6 mths ago; confidence about own and relatives' job security and own ability to invest in the future and save money for retirement now compared to 6 mths ago and losing job as a result of economic conditions in the last 6 months and in the coming 6 mths. Consumer confidence is measured on a scale of 0 to 100, where 0 indicates an extreme lack of confidence, 50 neutrality and 100 extreme confidence. .