Close X
Thursday, November 28, 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

Warm but 'moody' spring expected across most of Canada: Weather Network forecast

Warm but 'moody' spring expected across most of Canada: Weather Network forecast
Most Canadians can look forward to a warmer-than-normal spring, but they should also brace for the season’s "profound mood swings," according to The Weather Network's latest outlook.  The forecast released Wednesday predicts that the unusually mild winter seen across much of the country thanks to El Niño conditions will pave the way for even more pleasant weather in the coming weeks, but not without some interruptions.  

Warm but 'moody' spring expected across most of Canada: Weather Network forecast

Vancouver's homeless count to go up

Vancouver's homeless count to go up
A new study by an advocacy group says the homeless population of Vancouver could go up to 4,700 people by 2030. The Carnegie Housing Project made the announcement Tuesday morning at Oppenheimer Park.

Vancouver's homeless count to go up

Heavy snow, winter storm bring hazardous driving conditions to B.C. highways

Heavy snow, winter storm bring hazardous driving conditions to B.C. highways
Environment Canada is warning of hazardous driving conditions on several stretches of British Columbia highways as a strong Pacific frontal system pushes into the Interior. A winter storm warning has been issued for the Sea to Sky Highway from Squamish to Whistler, with snow accumulation forecast to reach up to 50 centimetres by Thursday.  

Heavy snow, winter storm bring hazardous driving conditions to B.C. highways

Son dies in 2021 BC crane tragedy

Son dies in 2021 BC crane tragedy
When Chris Vilness heard about the crane accident that killed a construction worker in Vancouver last week, he was angry, and he didn't have to imagine what the woman's family was going through. In 2021, his son Cailen was among five men killed when a crane that was being dismantled collapsed in Kelowna, B.C.

Son dies in 2021 BC crane tragedy

B.C. Premier Eby apologizes to Doukhobors, for wrongs that 'echoed for generations'

B.C. Premier Eby apologizes to Doukhobors, for wrongs that 'echoed for generations'
British Columbia Premier David Eby has officially apologized in the Victoria legislature to members of the Doukhobor religious community, including children who were forcibly taken from their parents more than 70 years ago. He says those children were physically and psychologically mistreated after being placed in educational facilities, including a former tuberculosis sanatorium in New Denver, in B.C.'s southern Interior.

B.C. Premier Eby apologizes to Doukhobors, for wrongs that 'echoed for generations'

BC not effectively managing hazardous spills

BC not effectively managing hazardous spills
The number of hazardous spills in British Columbia has trended upwards over the last several years, making it even more important for the government to prepare, auditor general Michael Pickup says.  His latest report released Tuesday says the Ministry of Environment is not effectively managing hazardous spills in the province, using a decade-old response plan and data that is not easily accessible.  

BC not effectively managing hazardous spills