More than half of Canadians concerned of potential recession: survey

2 hours ago 1

By Staff The Canadian Press

Posted January 20, 2025 10:27 am

1 min read

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A caller study by BMO says 63 per cent of Canadians surveyed expressed concerns astir the imaginable for a recession successful the adjacent 12 months.

The worries travel arsenic tariff threats loom implicit Canadian exports to the United States.

The online survey besides recovered 48 per cent of those surveyed believed the system volition weaken implicit the adjacent 12 months, portion 19 per cent expect it to improve.

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The study noted that rising prices and the outgo of surviving proceed to beryllium apical concerns for Canadians.

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It says 67 per cent of those surveyed said ostentation is having a antagonistic interaction connected their existent fiscal situation.

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The online survey of 1,500 big Canadians was conducted by Pollara from Nov. 8 to Nov. 18, 2024.

The canvass does not see a borderline of mistake due to the fact that online surveys are not considered genuinely random samples.

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