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 the government responding “dollar for dollar” to U.S. tariffs has declined to 68%, down 5 points since last week. The proportion who are strongly in favour also dropped from 44% to 38%, while opposition rose slightly from 17% to 20%.
PERCEIVED PERSONAL FINANCIAL IMPACT OF TARIFFS
- A growing share of Canadians (91%) believe that the new tariffs will have some impact on their personal finances, an increase of
4 points since the previous wave, with 24% expecting a major impact. In the U.S., the perception of personal impact also rose, with 82% now anticipating an effect and 32% saying it will be major, both figures up by 4 points since last week.
CONCERN ABOUT JOB LOSS
- Concern among employed Canadians about losing their job in the next 12 months has declined to 37%, a drop of 4 points since last week. In the U.S., concern also decreased, falling from 46% to 40% this week.
Methodology
This web survey on the economy was conducted from April 17 to 21, 2025, with 1,603 Canadians and 1,000 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 ±3.09%, (19 times out of 20) for the American sample.
