Consumer Confidence Rises in Canada After Carney’s Election Win

Canadians are growing more optimistic about the economy, as the conclusion of a national election relieves some anxiety around the country’s direction and US President Donald Trump’s threats.

The Bloomberg Nanos Canadian Confidence Index, a measure of sentiment based on weekly polling, has improved since Prime Minister Mark Carney’s Liberals won their fourth term at the end of April. The index is now at 48.6. A reading below 50 still indicates negative views, but it’s the highest in nine weeks.

About 16% of respondents believe the Canadian economy will strengthen over the next six months, up from ...