Consumer Confidence Hits 2-year High!

The Index of Consumer Confidence rose 13.8 percentage points in January to a 23 month high, according to the Conference Board of Canada's latest Index of Consumer Confidence. The index is over 40 points higher than it was one year ago suggesting Canadians are seeing a light at the end of the recession tunnel. In Ontario, an increase of 12.3 points in January boosted confidence in the province to 93.7 - more than double its December 2008 level of 45.9. To see the full report, visit www.conferenceboard.ca.