Consumer confidence up despite rising inflation

Canadians aren't letting pain at the pump or higher grocery bills get them down.

According to the latest report from the Conference Board of Canada, consumer confidence is up 2.2% in March from the month before. The conference board found that Canadians were buoyed by the strong labour market recovery with 26.8% optimistic that job opportunities will increase by the fall. That's up 4% from February. However, more Canadians expressed reservations about their current (up 4% to 29.2%) and future finances (up 5.1% to 25.6%).