Sunday, June 2, 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

Northern Health employees pose as fraudsters

Northern Health employees pose as fraudsters
Police in Prince George say fraudsters are posing as Northern Health employees and going door to door.  R-C-M-P say they're investigating reports of people claiming to be Northern Health or Fire Smart employees, two weeks after the health authority warned the public about fraudulent phone calls promising prizes or a free home safety inspection. 

Northern Health employees pose as fraudsters

New robot assisted surgery coming for Burnaby General Hospital and Fraser Health

New robot assisted surgery coming for Burnaby General Hospital and Fraser Health
Burnaby Hospital and Fraser Health say a new robot assisted surgery system is set to be put into action, the first in Western Canada.  The Burnaby Hospital Foundation and the health authority say teams are now training on the Mako Robotic-Arm Assisted, a 2.3 three million dollar addition to the hospital's Jim Pattison Surgery Centre. 

New robot assisted surgery coming for Burnaby General Hospital and Fraser Health

Arrest made in last year's over 20M gold heist at Toronto's Pearson airport

Arrest made in last year's over 20M gold heist at Toronto's Pearson airport
Police have charged nine people in the Hollywood movie-worthy heist of nearly 24-million dollars in cash and gold one year ago today at Toronto's Pearson airport. They include two men who worked for Air Canada and an alleged gun trafficker.

Arrest made in last year's over 20M gold heist at Toronto's Pearson airport

B.C. construction sector seeks support as workers shortage, late payments persist

B.C. construction sector seeks support as workers shortage, late payments persist
British Columbia's construction industry says its workforce numbers have improved in recent years, but labour shortages persist and are putting "extreme pressures" on employers. The BC Construction Association says the shortage of qualified workers has pushed the average annual wage in the sector to just short of $75,000, up 21 per cent in the last five years.

B.C. construction sector seeks support as workers shortage, late payments persist

Burnaby man charged with 2nd degree murder

Burnaby man charged with 2nd degree murder
A Burnaby man has been charged with second-degree murder for his involvement in a stabbing in Vancouver earlier this month. Vancouver police say the 29-year-old suspect was arrested on April 4th, a day after a 49-year-old woman was found dead just north of Fraserview Golf Course.

Burnaby man charged with 2nd degree murder

B.C. man who pushed senior during dispute outside Costco loses manslaughter appeal

B.C. man who pushed senior during dispute outside Costco loses manslaughter appeal
The B.C. Court of Appeal has upheld the manslaughter conviction of a man who claimed he lashed out in self defence, in part because of his claustrophobia, resulting in an elderly man's death at a Vancouver Costco in 2017.  A ruling released Monday says Thomas Toth was convicted of manslaughter in 2020, three years after he got into a physical altercation with 86-year-old Orlando Ocampo "that had tragic consequences." 

B.C. man who pushed senior during dispute outside Costco loses manslaughter appeal