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Canadian consumer confidence plummets to a year-low, fueled by fears of a US trade dispute.
Canadian consumer confidence has fallen to its lowest level in over a year due to fears of a potential trade dispute with the US, according to the Conference Board of Canada.
The Index of Consumer Confidence dropped by 12.6 points to 52.6 in February, its biggest one-month decline in over a year and a half.
Canadians are concerned about the impact of potential US tariffs on job security and personal finances, with warnings of a possible recession and rising costs of living.
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La confianza del consumidor canadiense se desploma a un mínimo de un año, impulsada por los temores de una disputa comercial en Estados Unidos.