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The monthly Index of Consumer Confidence is constructed from responses to four attitudinal questions posed to a random sample of Canadian households.
After showing some improvement in the previous month’s survey, the Index of Consumer Confidence has fallen to levels similar to those during the pandemic era across all provinces.
What is fuelling this significant decline? What will be the impact of potential U.S. tariffs on individual provinces and the Canadian economy as a whole? Which provinces will be hardest hit by tariffs?
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