CONSUMER SENTIMENT TRACKER

Keep tabs on consumer confidence.

The Numerator Canadian Consumer Sentiment Tracker provides a monthly view of consumer confidence, spending & saving considerations, and future financial outlook. The tracker is powered by a continuous survey of our consumer panel capturing thousands of responses each month.

Latest Update: 4/14/25

Consumer Confidence Score

March Consumer Confidence Score: 53.4 (-0.1 points vs. last month)

Canadian consumer confidence held steady in March compared to last month. Canadian consumers reported lower sentiment around the job market (-0.6), increased confidence in their ability to make ends meet (+0.2), and steady comfort with discretionary spending (-0.1).

Spending & Saving Considerations

Half of Canadian consumers saved their spare cash in March and over a third used it to pay down debts. The next most popular options were vacation/ travel, home repairs/ improvement, or investing. Consumers continue looking for ways to save, as well—they’re shopping on sale, using coupons/discount codes when possible, and cooking at home.

Financial Outlook Score

March Financial Outlook Score: 50.2 (+0.6 points vs. last month)

Canadian consumers feel mediocre about their future finances, with outlook increasing slightly after a sharp decline in February. Thinking about one year from now, 27% of Canadian consumers think their household finances will be better, 47% think they’ll be the same, and 26% think they’ll be worse.

About the tracker

Numerator’s Canadian Consumer Sentiment Tracker combines data from three ongoing Microsurveys—brief surveys (three questions or less) fielded on a rolling basis to our entire consumer panel. The surveys collect thousands of responses per month, and their abbreviated nature ensures high participation rates and fresh, reliable data each month.

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