Close X
Wednesday, November 27, 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

Airstrikes on aid workers don't 'just happen,' Trudeau says after Netanyahu comments

Airstrikes on aid workers don't 'just happen,' Trudeau says after Netanyahu comments
Attacks on aid workers are not just something that happens in war, Prime Minister Justin Trudeau said Thursday, slamming Israeli Prime Minister Benjamin Netanyahu's defence of a deadly airstrike on aid workers in central Gaza on April 1. Canadian Army veteran Jacob Flickinger, 33, was among those killed while delivering food aid for World Central Kitchen.

Airstrikes on aid workers don't 'just happen,' Trudeau says after Netanyahu comments

Federal government to launch $1.5B fund to protect affordable rentals

Federal government to launch $1.5B fund to protect affordable rentals
Prime Minister Justin Trudeau says a new $1.5-billion housing fund will help non-profit organizations acquire more rental units across Canada and make sure they remain affordable.  The new Canada Rental Protection Fund will be included in the upcoming federal budget, to be tabled on April 16. 

Federal government to launch $1.5B fund to protect affordable rentals

Surrey man convicted of child exploitation

Surrey man convicted of child exploitation
A Surrey man has been sentenced to a conditional 18-month term to be served in the community after he was convicted of child exploitation. B-C Mounties say 34-year-old Joel Andy Daigle was identified by U-S police as a member of an international online group linked to trafficking pornography.

Surrey man convicted of child exploitation

April is Sikh Heritage Month and Darpan is launching Sikhi Saturdays

April is Sikh Heritage Month and Darpan is launching Sikhi Saturdays
Happy Sikh Heritage Month!! April is Sikh Heritage Month, which is an important time to celebrate and recognize the rich cultural contributions of the Sikh community in BC.

April is Sikh Heritage Month and Darpan is launching Sikhi Saturdays

Vancouver mayor disappointed by new location for overdose prevention site

Vancouver mayor disappointed by new location for overdose prevention site
The mayor of Vancouver says the city is disappointed about the new location of an overdose prevention site in the downtown core. Ken Sim says in a news release that the city was not consulted on the relocation of Thomus Donaghy OPS to Howe Street, and the site should have been moved to the nearby St. Paul’s Hospital instead.

Vancouver mayor disappointed by new location for overdose prevention site

One person hurt in second Vancouver shooting within days

One person hurt in second Vancouver shooting within days
One person has been injured in a shooting in Vancouver's downtown core, the second such incident in the area in less than a week. Vancouver police say officers responded to reports of shots fired at around 7:50 p.m. Wednesday, and found a person with serious injuries.

One person hurt in second Vancouver shooting within days