Story details

The Bank of Canada’s consumer survey, published on 19 October, found rising long-term inflation expectations. Online responses were collected from 5 to 27 August. Consumers continued to identify trade tensions and energy prices as inflation pressures.

Households reported better financial health but weaker spending plans. Workers in sectors more exposed to AI task replacement had poorer labour-market perceptions. These are survey responses and expectations, rather than observed consumer-price inflation or measured job losses.