Economics

Canadian Consumer Confidence Climbs on Rebound in Job Security

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Canadians’ sense of job security rebounded last week, ending a monthlong string of declines, survey dataBloomberg Terminal showed.

The Bloomberg Nanos Canadian Confidence Index increased to 59.0 for the week ended Aug. 22 from 58.8 the previous week, as a measure of job security rose by the most in more than two months. Sentiment about the national economy and personal finances was little changed, while the outlook for real-estate prices fell to the lowest in more than four months.