Confidence in the Canadian economy is slowly improving. 34% of Canadians think that the economy is good or very good, an increase of 3 percentage points from June. Conversely, 59% of Canadians think the economy is poor or very poor, a decline of 3 percentage points from June.
Future expectations have yet to improve. 45% of Canadians that the economy will decline in the future, similar to June.
Future discretionary spending remains constant: 24% of Canadians expect their disciplinary spending will increase, while 33% anticipate it will decrease.
Views of household finances are more positive and stable compared with that of the country: 59% of Canadians think their household finances are good or very good, while 37% say that their household finances are poor or very poor.
Future confidence in household finances is also stable but continues to be more negative than positive: 25% anticipate their household finances will decline, while 17% think they will improve.
Housing affordability remains the top issue for Canadians, with 38% of Canadians putting it in their top three of issues facing Canada today. Healthcare (35%) and US tariffs (35%) round out the top three.
Methodology
Results are based on online research conducted with 2,452 Canadian adults 18 years of age and older from LEO’s (Leger Opinion) panel. The data was statistically weighted according to Canadian Census figures. A margin of error cannot be associated with a non-probability sample in a panel survey, but for comparison purposes, a probability sample of 2,452 would have a margin of error of ±2%, 19 times out of 20.