Economic Confidence: Ontario 2025

June 26, 2025

Leger regularly conducts an economic confidence survey that measures Canadians’ current and future confidence in the Canadian economy and household finances. This report specifically explores Canadians in Ontario’s perspectives on economic topics.

Perceptions of the economic state in Canada are an important driver of how consumers will spend (or not spend) in the coming months. Download our overall economic confidence report and access key findings on Ontarians.

Ontario Economic Confidence

Highlights of this economic confidence survey include:

  • Confidence in the national economy remains poor (64%), but slightly more optimistic than in January (69%).
  • Changes are perhaps surprisingly small in Ontarians’ current views of the economy and their finances versus the start of the year. Still, pessimism and worry continue to be bywords, with limited sense of imminent change or recovery.
  • A major issue for Ontarians and Canadians in general, 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, but Ontarians are being careful with their spending and are delaying major purchases.
  • Relatively unchanged from January (54%), views of household finances are more buoyant and stable (55%) compared with that of the country.
  • Future confidence at a household level is relatively unchanged yet still in negative territory (24%).

Methodology

Results are based on online research conducted among a sample of Ontarians (18 years of age and older). The most recent wave was conducted among a sample of 605 Ontarians, with fieldwork from June 13 to 16, 2025. 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 605 would have a margin of error of ±4.0%, 19 times out of 20.

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