Close X
Saturday, November 23, 2024
ADVT 
National

Poll suggests half of Canadians have negative opinion of latest Liberal budget

Darpan News Desk The Canadian Press, 24 Apr, 2024 10:09 AM
  • Poll suggests half of Canadians have negative opinion of latest Liberal budget

A new poll suggests the Liberals have not won over voters with their latest budget, though there is broad support for their plan to build millions of homes.

Just shy of half the respondents to Leger's latest survey said they had a negative opinion of the federal budget, which was presented last Tuesday. 

Only 21 per cent said they had a positive opinion, and one-third of respondents said they didn't know or preferred not to answer. 

Still, 65 per cent of those surveyed said the plan to spend $8.5 billion on housing, aimed at building 3.9 million homes by 2031, is good for the country. 

The Liberals made a series of announcements in the weeks leading up to the budget, with a heavy emphasis on housing measures. 

When asked about the response to the budget at a press conference on Wednesday, Prime Minister Justin Trudeau said his government is focused on "fairness for every generation."

"I am confident that as Canadians see these measures happening, they will start being more optimistic about our economy," he said.

Leger's poll of 1,522 Canadians last weekend can't be assigned a margin of error because online surveys are not considered truly random samples. 

People in Alberta were most likely to say they had a very negative impression of the budget, with 42 per cent selecting that option compared to 25 per cent across the entire country. 

More than half of the people who took the poll said they are in favour of the government's plans to spend more on energy efficiency, national defence and student-loan forgiveness for health care and education workers. 

And 56 per cent said they think the increase to the capital gains tax inclusion rate — a move that's estimated to raise another $19.4 billion in revenue over the next four years — is a good thing. 

The Liberals are billing the change as critical to their plan to improve generational fairness by taxing the ultra-rich. 

It has drawn criticism, including from the Canadian Medical Association, which warned on Tuesday that it could affect the country's ability to recruit and keep physicians.

The budget proposes to make two-thirds of capital gains — the profit made on the sale of assets — taxable, rather than half. For individuals, this would apply to profits above $250,000, but there is no lower threshold for corporations. 

The medical association said many doctors will face higher taxes because they have incorporated their practices and used those companies to save for retirement.

While the Liberals are aiming changes to the capital gains tax at younger Canadians including millennials and gen-Zers, Leger's poll found it had the support of 60 per cent of respondents over the age of 55 — the highest among any age group.

People between 18 and 35 were least likely to support the Liberal plan to spend another $73 billion on defence in the next two decades. Just 45 per cent of respondents in that age group said ramping up defence spending is good for the country, compared with 70 per cent of people over the age of 55.

Leger also asked questions about the country's fiscal future.

Almost half the respondents, 47 per cent, said they want to see the government cut back on spending and programs to get the budget balanced as quickly as possible. 

Just 16 per cent said spending more and running large deficits is the best plan for the next five years, and 14 per cent want to see the government increase taxes to bring the deficit down. 

MORE National ARTICLES

B.C. places online harms bill on hold after agreement with Meta, X, TikTok, Snapchat

B.C. places online harms bill on hold after agreement with Meta, X, TikTok, Snapchat
British Columbia has placed its proposed online harms legislation on hold after reaching an agreement with social media companies to "sit down in good faith" to find solutions on keeping people safer online.  Premier David Eby said the proposed legislation remains, and the province will reactivate it into law if necessary.

B.C. places online harms bill on hold after agreement with Meta, X, TikTok, Snapchat

B.C. government to set out housing targets for 20 more communities

B.C. government to set out housing targets for 20 more communities
The British Columbia government has named another 20 cities and towns as priority communities for housing targets over the next five years. The government says in a statement the communities are in high-growth, high-need regions of B.C.   

B.C. government to set out housing targets for 20 more communities

B.C. government sets November date for Surrey police transition

B.C. government sets November date for Surrey police transition
British Columbia's government has set Nov. 29 as the date when the Surrey Police Service will take over from the RCMP as the city's force of jurisdiction. Solicitor General Mike Farnworth says Surrey RCMP will continue to operate and provide support after the official transition, although the Mounties will determine what type of support will be offered.

B.C. government sets November date for Surrey police transition

U.S. authorities searching for missing B.C. kayakers have found a body: RCMP

U.S. authorities searching for missing B.C. kayakers have found a body: RCMP
Police in British Columbia say United States authorities searching for a pair of missing kayakers have found a body in the San Juan Islands of Washington state. RCMP spokesman Cpl. James Grandy says searchers south of the border have not yet identified the person as one of the missing kayakers.

U.S. authorities searching for missing B.C. kayakers have found a body: RCMP

Stabbing near White Rock Pier

Stabbing near White Rock Pier
Police in White Rock are looking for witnesses after a stabbing put a person in hospital with non-life-threatening injuries. R-C-M-P say the stabbing happened late Sunday near WhiteRock Pier, and initial investigations indicate there was no confrontation before the attack.

Stabbing near White Rock Pier

B.C. to increase local milk production with $25-million factory investment

B.C. to increase local milk production with $25-million factory investment
The British Columbia government is spending up to $25 million toward the construction of a milk production plant aimed at boosting the supply of locally sourced food products. The province says in a statement that the expansion to Vitalus Nutrition's plant in Abbotsford, B.C., will begin construction this summer and will increase local milk production by 50 per cent, to 1.4 billion litres annually.

B.C. to increase local milk production with $25-million factory investment

PrevNext