Canadians Lack Confidence In Economic Recovery

Consumer confidence across Canada has gone down, with the weekly Bloomberg Nanos Canadian confidence index registering at 61.57 for the week ending September 3, says a study from Bloomberg and Nanos Research. This is down from the 64.93 four weeks ago and almost five points since hitting a record high in July. The decline reflects the faded optimism for the Canadian economy from the ongoing fourth wave of the COVID-19 pandemic.