Canada's latest consumer confidence snapshot is turning heads. The Bank of Canada's Q4 survey just revealed something interesting—only 58.3% of Canadians now expect a recession over the next year, a noticeable drop from 64.1% back in Q3.
What does this mean? Sentiment's shifting. That 5.8 percentage point decline signals growing optimism, or at least less pessimism, among consumers. Whether it's stabilizing interest rates, labor market resilience, or just cautious hope, the needle is moving.
For traders and market watchers, this kind of data matters. Consumer sentiment fuels spending, which ri