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Real estate optimism sparks new life into Canadian consumers

from BNN Bloomberg

Real estate optimism sparks new life into Canadian consumers BNN Bloomberg Consumer sentiment in Canada showed renewed strength on an improving outlook for real estate and the economy, weekly telephone polling showed. The Bloomberg Nanos Canadian Confidence Index, a composite measure of financial health and economic expectations, recorded its biggest one-week jump since mid-June, to 48.4 from 46.7 a week earlier. It’s now made up more than half of losses since falling to record lows in early May. READ MORE

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