Economic Confidence: Canada 2025

25 June 2025

Leger regularly conducts an economic confidence survey that measures Canadians’ current and future confidence in the Canadian economy and household finances. It also explores Canadians’ perspectives on topical economic subjects.

Download our overall economic confidence in June 2025 report to see the key findings at a national level. It includes trending analysis and interprovincial comparisons. Separate reports that dive deeper into the study’s findings in Alberta, British Columbia, Manitoba, and Ontario are available for download below.

Economic Confidence: Canada 2025

Highlights of this economic confidence survey include:

  • Confidence in the Canadian economy remains poor (62% poor/very poor) but just slightly more optimistic than in January (68% poor/very poor).
  • Changes are perhaps surprisingly small in Canadians’ views of the economy and their finances versus the start of the year given all the events that could be having an impact. Still, this means pessimism and worry continue to be bywords, with limited sense of imminent change or recovery.
  • A major issue for Canadians, US tariffs are reportedly impacting behaviours already and are likely to continue to do so for the rest of this year at least. Not only are US trips being cancelled, Canadians are being careful with their spending and are delaying purchases of various kinds.
  • Future expectations continue to be heading in a negative direction (46% decline).

Methodology

Results are based on online research conducted with a representative sample of 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 2,621 would have a margin of error of ±1.9%, 19 times out of 20.

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