Consumer confidence close to 2015 high

A poll of Canadian consumer confidence, taken before the election, shows an increase to not far below the highest for the year.

The Bloomberg/Nanos index was at 56.69 for the week ending October 16, up 0.69 points and just 0.18 points below the year’s peak so far, a high that was set in May.

Confidence in the economy and job security increased with larger percentages expecting their situation to improve in the next six months. However, positivity was lower for personal finances, including mortgages and real estate prices.

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