Consumer sentiment for Canada is a survey-based measure of household attitudes toward personal finances, business conditions, and buying intentions. It is closely related to consumer confidence but may use a different methodology.
Why FX traders watch it
Consumer sentiment is an early-warning indicator of spending trends. Sustained weakness in sentiment typically precedes declines in retail sales and GDP, informing the Bank of Canada's growth and inflation outlook.
How to interpret the data
Rising sentiment supports the view that consumers will maintain or increase spending, supporting growth and the cad. Falling sentiment raises recession concerns and can shift rate expectations dovishly.
Historical Sentiment des consommateurs (CAD)
Source: Bank of Canada/StatCan
· Quarterly
· Balance
Optional upper bound. Defaults to the current date.
api_key
CONDITIONAL
string
Required for non-USD announcement requests. USD announcement requests are public without an API key.
Example Usage
To retrieve Sentiment des consommateurs data for CAD from 2023:
GET https://fxmacrodata.com/api/v1/announcements/cad/consumer_sentiment?start_date=2023-01-01&end_date=2023-12-31&api_key=YOUR_API_KEY
Frequently Asked Questions
How often is Canada Consumer Sentiment updated?
Consumer Sentiment for Canada is released on a quarterly schedule by Bank of Canada (or the relevant national statistics agency). FXMacroData ingests each new value within seconds of the official publication and exposes the exact announcement timestamp on every record.
What unit is Consumer Sentiment reported in?
The series is published in Balance. The exact unit is also returned on every API response under the indicator metadata.
Where does FXMacroData source Canada Consumer Sentiment data?
Data is fetched directly from Bank of Canada or the official national statistics publication for Canada. The source URL is preserved on every announcement record so downstream consumers can trace the value back to its primary release.
How do I query Consumer Sentiment for Canada via the API?
Issue a GET request to /api/v1/announcements/cad/consumer_sentiment?api_key=YOUR_API_KEY. The response contains a chronological list of observations with values, release dates, and announcement timestamps. USD announcement data is public; other currencies require a Professional API key.