Twice as many Canadians report financial hardship compared to last year: Nanos poll

Canadians continue to struggle under the Trudeau Liberals' leadership.

A new survey from Nanos Research reveals that Canadians are twice as likely to report being financially worse off now than they were a year ago.

Conducted between November 4 and 6, 2024, with 1,010 respondents, the survey paints a bleak picture of the economic strain gripping the nation. The polling was commissioned on behalf of the Globe and Mail.

Key findings include:

24% of Canadians said their financial situation had worsened over the past year, compared to just 12% who reported being better off.

A staggering 64% said their financial situation remained unchanged but often cited difficulty managing rising costs.

These results echo the nation's broader economic struggles, with high interest rates, skyrocketing rents, and growing household debt weighing heavily on Canadians.

Further compounding the issue, Food Banks Canada reports that one in four Canadians are living below the poverty line, far exceeding the official estimate of 10% by Statistics Canada.

The discrepancy underscores the severity of financial hardship in a country where over 1.5 million people accessed food banks this year, a record-breaking figure.

Economic anxiety is reflected in the latest Nanos leadership preference poll, where Pierre Poilievre of the Conservative Party leads as the preferred prime minister at 35.5%, significantly ahead of Justin Trudeau at 21.3%.

Concerns over inflation, healthcare access, and affordability dominate the national discourse, with many Canadians expressing frustration over the Liberal government's inaction or incompetence on critical financial issues.

Read the report here.

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Sheila Gunn Reid

Chief Reporter

Sheila Gunn Reid is the Alberta Bureau Chief for Rebel News and host of the weekly The Gunn Show with Sheila Gunn Reid. She's a mother of three, conservative activist, and the author of best-selling books including Stop Notley.

COMMENTS

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  • Bruce Atchison
    commented 2024-11-19 15:44:28 -0500
    How could any person still expect the Trudeau government to fix the mess he created? I’m surprised that any citizen still thinks Trudeau can get this country going again. He’s the idiot who broke it.