Canadian consumer confidence on the rise
Posted April 27, 2011 12:29 pm.
This article is more than 5 years old.
TORONTO, Ont. – Canadians, especially those out west, are feeling better about their economic prospects, according to the Conference Board of Canada.
The think-tank’s consumer confidence index rose four points in April to 87.7, with the surge attributed to improved job prospects and willingness to make large purchases.
Although the numbers have improved since March, the reading remains well below pre-recession levels.
However, in British Columbia, the consumer confidence index has jumped 17.7 points to 108.9, while in the prairies it rose 7.1 points to 105.9.
This month’s survey shows little difference in how Canadians view their financial situation, but more respondents said they were optimistic about future job prospects.
