Index of Consumer Confidence: July 2017

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Index of Consumer Confidence: July 2017

Consumer and Business Confidence

Author: Cory Renner

$325.00

The Conference Board of Canada’s Index of Consumer Confidence jumped 2.1 points to 113.6 (2014 = 100), the highest level since January of 2010. Canada’s two largest provinces, Quebec and Ontario, supported growth in July, with the latter seeing the largest growth in its index since March 2015. Consumers in Canada’s two westernmost provinces are now more pessimistic, as weak oil prices and forest fires have dampened spirits.

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The monthly Index of Consumer Confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households.

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