Consumer Confidence in Canada increased to 55.70 points in July from 51.49 points in June of 2021. source: Ipsos

Consumer Confidence in Canada averaged 52.58 points from 2010 until 2021, 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 July of 2021.

Consumer Confidence in Canada is expected to be 52.50 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 53.00 in 12 months time. In the long-term, the Canada Consumer Confidence is projected to trend around 55.00 points in 2022, according to our econometric models.

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Canada Consumer Confidence

Actual Previous Highest Lowest Dates Unit Frequency
55.70 51.49 57.05 35.60 2010 - 2021 points Monthly

Canada Consumer Last Previous Highest Lowest Unit
Consumer Confidence 55.70 51.49 57.05 35.60 points [+]
Retail Sales MoM -2.10 -5.70 23.50 -24.90 percent [+]
Retail Sales YoY 24.60 57.20 57.20 -31.80 percent [+]
Retail Sales Ex Autos -2.00 -7.20 14.20 -20.60 percent [+]
Consumer Spending 1148288.00 1140757.00 1193017.00 182407.00 CAD Million [+]
Disposable Personal Income 1435000.00 1397720.00 1473096.00 24872.00 CAD Million [+]
Personal Savings 13.10 12.70 28.20 0.40 percent [+]
Consumer Credit 786228.00 782660.00 802908.00 11066.00 CAD Million [+]
Bank Lending Rate 2.45 2.45 22.75 2.25 percent [+]
Households Debt To GDP 111.59 112.62 112.62 53.55 percent of GDP [+]
Households Debt To Income 167.70 169.87 174.31 83.56 percent [+]
Gasoline Prices 1.12 1.11 1.32 0.41 USD/Liter [+]


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. .