On the eve of a federal election, Canadians’ confidence in their personal household’s financial situation has dropped 11 points from May. This finding is from an online survey conducted by INNOVATIVE from August 6th to August 11th, 2021, with a weighted sample size of 1,200 Canadian residents.
Canadians’ confidence in their personal finances has dropped 11-points from its pandemic peak of 77% in June. But there is no immediate cause for concern for the Liberal government as they prepare to ask the Governor General for a writ. The current level of 66% is pretty typical to levels seen over the past decade and is still 5-points higher than the start of pandemic. However, if the decline continues, it may provide an opportunity for opposition parties.