Jun
06

Quebec and Housing Push Canadian Consumer Sentiment to 2016 High

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  • Confidence in real-estate market comes amid warnings of bubble
  • Optimism gains in Quebec amid improving job market, finances

Consumer sentiment returned to the highest this year in Canada as Quebec residents felt better off financially and more people bet the country’s housing boom would continue.

The Bloomberg Nanos Canadian Consumer Confidence Index rose to 57.8 in the week ended June 3, from 57.5 previously, according to telephone polling of 1,000 respondents. Quebec’s pocketbook measure — based on responses to questions about personal finances and job security — climbed to 62.2, the highest since February 2015…

Quebec and Housing Push Canadian Consumer Sentiment to 2016 High

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