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Canadian consumer confidence falls sharply: survey

A new survey from the Conference Board of Canada shows consumer confidence has tumbled on fears about the economy.

The Ottawa-based forecaster says its index of consumer confidence index fell sharply by 6.8 points to 74 in early June, back to where it was in January.

Canadians told pollsters they were worried about job prospects and their finances.

The responses on job prospects were among the weakest since early 2009, when the economy was in the depths of the worst recession in decades.

On a regional basis, confidence fell most sharply in Atlantic Canada and Ontario.

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