Economics

Ontario Consumer Confidence Decreases Amid Election Talk

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Consumer confidence in Ontario is slumping as voters face an election that has focused on the finances of Canada’s biggest province.

The Bloomberg Nanos Confidence Index measured 58.8 in Ontario in the week ended May 23, down from 59.5 the week before. Nationally, confidence was little changed at 59.6 last week, with sentiment improving in every region except Ontario.