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 July 26 and 28, 2024.
Some of the key highlights of our survey about the economy include…
- The survey reveals that 59% of Canadians consider their household finances to be in good condition, with 8% describing them as very good. This indicates a majority of Canadians hold a positive view of their personal financial health, despite economic uncertainties.
- However, job security is a notable concern, with 36% of employed Canadians worried about losing their job within the next twelve months, revealing significant anxiety about employment stability, even as many Canadians view their current financial situation positively. It’s a 9-point gap with employed Americans, who are more concerned about this issue.
- Moreover, 46% of Canadians report living paycheque to paycheque. This financial strain underscores the economic pressures many face, despite a general sense of stability in household finances. It highlights the challenges that a substantial portion of the population encounters in managing their day-to-day expenses.
- The survey indicates that 57% of Canadians believe the country is currently in an economic recession, reflecting widespread concern about the national economy.
Some of the key highlights of our survey about the impressions of Canadians on U.S Politics include…
- There is a mixed level of awareness regarding the U.S. Vice President’s background and policy positions among Canadians as 44% of Canadians feel they know Kamala Harris well, while 56% do not know much about her.
- When it comes to which U.S. President would be better for Canada’s economic growth, 59% of Canadians believe Kamala Harris would be more beneficial, compared to 20% who favor Donald Trump, with many likely perceiving Harris as more aligned with policies that support economic stability and growth for Canada.
- In terms of predictions for the upcoming U.S. Presidential election, 38% of Canadians think Kamala Harris is most likely to win, while 34% believe Donald Trump will win, and 27% remain unsure. This reflects a divided opinion among Canadians about the election outcome, with no clear consensus on which candidate will emerge victorious.
Methodology
This web survey on the economy was conducted from July 26 to July 28, 2024, with 1,602 Canadians and 1,002 U.S. residents, 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 purposes, a probability sample of this size yields a margin of error no greater than ±2.45%, (19 times out of 20) for the Canadian sample and ±3.1%, (19 times out of 20) for the American sample.
