17 Percent of Canadians Support Latest Federal Budget: Poll

Poll Shows 17% of Canadians in Favor of Latest Federal Budget

April 23, 2024 TruthUSA

Only 17 percent of Canadians are in favor of the Liberal government’s recent federal budget, as per a new poll. Meanwhile, 40 percent oppose it, and 43 percent are neutral.

An Ipsos survey conducted from April 17 to 18, with a sample of 1,001 Canadians, revealed that the budget received the most support in Atlantic Canada (29 percent), followed by Ontario (20 percent), and British Columbia (16 percent). On the other hand, only 12 percent supported the budget in Quebec, Manitoba, and Saskatchewan, with the least support found in Alberta (11 percent).

Additionally, 10 percent of surveyed Canadians believe the budget will benefit them, while 37 percent think it will have a negative impact on them, and 53 percent are indifferent.

Regarding concerns raised, a majority (59 percent) feel that the budget focuses too much on spending, 20 percent believe it prioritizes deficit reduction excessively, and 21 percent think it strikes the right balance.

Furthermore, 34 percent of respondents mentioned that the latest budget has decreased their likelihood of voting for the Liberal party, while 8 percent reported an increased likelihood, and 58 percent stated that their views remained unchanged.

65 percent of Canadians disapprove of Prime Minister Justin Trudeau’s management of the economy, as opposed to the 35 percent who support it.

Budget Outline

The 2024 budget, introduced by Deputy Prime Minister and Minister of Finance Chrystia Freeland on April 16, proposes $53 billion in new spending over the next five years. This includes $8.5 billion for housing, such as a $6 billion investment in housing infrastructure, a $1.5 billion rental fund to make rents more affordable, and $600 million in loans and funding for home construction.

The $535 billion budget also increases the capital gains inclusion rate, resulting in an additional $20 billion over the next five years. This change will affect the wealthiest 0.1 percent of Canadians. The budget predicts a $40 billion deficit for this fiscal year.

The leaders of the Conservatives, Bloc Québécois, and Green Party have expressed their intention to vote against the latest Liberal budget. However, NDP leader Jagmeet Singh has stated that he will discuss the budget with the prime minister before making a decision.

“We need to hear from the prime minister and the Liberals about their response to our concerns before making a decision,” Mr. Singh informed reporters on April 22.

According to an Ipsos poll on April 23, the Conservatives continue to maintain a 19-point lead over the Liberals, with 43 percent support compared to 24 percent for the Liberals, 19 percent for the NDP, and 8 percent for the Bloc Quebecois.