Public sentiment highlights the divide between economic outlook and personal stability

Recent Angus Reid Institute data reveal a sharp divide between how Canadians view the country’s economic health versus their own finances.

While only 35% believe the national economy is doing well (down from 49% in June), nearly two-thirds (68%) say their household finances are in good or very good shape.

Many report little change in their personal economic situation: 43% feel they’re about the same as a year ago, while 39% believe they’re worse off, and just 16% say they’re better off. Regional differences are evident: Albertans and residents of Saskatchewan are more optimistic about their provinces, whereas Quebec trails in positive sentiment.

Younger Canadians are much more worried about job security, with close to 40% saying they or someone in their home might lose work. Overall, despite growing pessimism about the big picture, most Canadians feel relatively stable in their own lives.

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