Mario Canseco: Inflation, job fears and economic pessimism cloud the year ahead, says survey
The last seven months probably felt like a roller coaster for Canadians. Elections in B.C. and Saskatchewan returned incumbent governments with smaller mandates, Donald Trump won the U.S. presidential election and Justin Trudeau announced his intention to depart as Canada’s prime minister.
Oddly enough, our views on the country’s financial standing are exactly where they were in August 2024. Only 32 per cent of Canadians rate the economic conditions in Canada today as “very good” or “good,” while almost two-thirds (64 per cent) consider them “bad” or “very bad.”
Canadians who voted for the Conservative Party in 2021 maintain a gloomier view of the national economy, with only 23 per cent believing it is “very good” or “good.” The proportions are higher among those who cast ballots for the New Democratic Party (30 per cent) or the Liberal Party (42 per cent).
While Canada appears to be stagnant, households report an improvement. Just over half of Canadians (52 per cent, up six points) say their own personal finances today are “very good” or “good,” while almost half (46 per cent,........
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