Canadian Economy

3 May 2024

Every month, we conduct a survey of Canadians and Americans to explore their views on the economy, finances, and politics. This month, our survey was conducted between April 26 and 29, 2024. 

Some of the key highlights of our survey about the economy include…

  • 62% of Canadians consider their household finances to be good, while 55% of Americans feel the same way. 
  • Six out of ten Canadians (62%) and 58% of Americans believe their respective country is in recession. 
  • Almost half of Canadians (46%) say they live paycheque to paycheque, while 55% of Americans say the same thing. 

Some of the key highlights of our survey about American politics…

  • If the Presidential election were to be held today, Trump would secure 46% of the votes, while Biden would secure 45%, making them statistically head-to-head.
  • A larger proportion of Americans (39%) think that Trump will win the 2024 presidential election, while one-third (33%) think Joe Biden will win. 
  • One-third of Americans (34%) are not following Trump’s trial at all, while 21% follow it closely and 42% follow it more or less. Democrat voters (25%) are more likely to follow the trial closely.
  • If Trump is found guilty and imprisoned in his trial, 79% of Republican voters would still vote for him. If he is found guilty without imprisonment, 86% of Republicans would still vote for him.

Methodology

This web survey was conducted from April 26 to 28, 2024, with 1,610 Canadians and 1,008 Americans, 18 years of age or older, randomly recruited from LEO’s online panel.

A margin of error cannot be associated with a non-probability sample in a panel survey. For comparison, a probability sample of 1,610 respondents would have a margin of error of ±2.44%, 19 times out of 20, while a probability sample of 1,008 respondents would have a margin of error of ±3.09%, 19 times out of 20.

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