Every week during this tumultuous period, we conduct a survey of Canadians and Americans to explore their views on the economy and their finances.
Highlights include…
SUPPORT FOR RETALIATORY TARIFFS
- Support among Canadians for responding “dollar for dollar” to U.S. tariffs remains high, with 72% in favour. This represents an increase of 4 points compared to last week. The proportion who are “strongly in favour” also rose slightly to 40% (+2 points).
PERCEIVED PERSONAL FINANCIAL IMPACT OF TARIFFS
- A very large majority of Canadians (91%) believe that the new tariffs will have an impact on their personal financial situation. There is a 5-point increase in those expecting a major impact, now reaching 29%.
STATE OF HOUSEHOLD FINANCES
- The proportion of Canadians who describe their household finances as “good” (including “very good” and “good”) rose by 3 points this week to reach 67%. More specifically, the share who describe their finances as “good” alone increased by 4 points, now reaching 59%.
Methodology
This web survey on the economy was conducted from April 25 to 27, 2025, with 1,593 Canadians and 1,010 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 ±2.46%, (19 times out of 20) for the Canadian sample and ±3.08%, (19 times out of 20) for the American sample.
