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Pessimism seeps into Canadian sentiment as property cools

Confidence in Ontario, which has relied on real estate and factory exports to the US, declined to 60.4 from 63.4 on the month.


CANADIANS became less confident this month about housing and prospects for the economy amid the troubles of a Toronto mortgage lender, according to telephone polling.

The Bloomberg Nanos Canadian Confidence Index fell to 58.5 in the week ending May 26. That's down from 59.4

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