Canadian consumer confidence drops sharply post-Trump election, with economic pessimism rising.

Canadian consumer confidence has dropped significantly following Donald Trump's election as U.S. president. According to the Weekly Bloomberg Nanos Canadian Confidence Index, nearly four times as many Canadians now believe the economy will weaken in the next six months rather than strengthen. Concerns about job security have risen, outweighing fears of inflation or housing. The overall economic mood index stands at 51.54 out of 100, with British Columbians showing the least confidence.

3 months ago
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