HomeEconomyCanadians believe trudeau and freeland have no clue how to navigate economic...

Canadians believe trudeau and freeland have no clue how to navigate economic problems

A majority of Canadians have no faith in Prime Minister Justin Trudeaus ability to deal with inflation.

In a Maru Public Opinion survey commissioned by Yahoo News revealed 55% of Canadians think Justin Trudeau has no “solid plan” to navigate the country through economic troubles..

Only 20% of respondents polled said the believe Trudeau has a “good plan” while a little more, 25% of respondents believe Trudeau is following a “bad plan”.

The sentiments towards Finance Minister and Deputy Prime Minister Chrystia Freeland when asked the same questions were fairly similar.

a majority (55%) of Canadians also believe Finance Minister Chrystia Freeland
has no solid plan to fight inflation and bring prices down. This stat compares with one in
five (21%) who believe she has a “good plan” while the remaining group (24%) believe she
has a “bad plan”.

A random sample of 1,515 Canadians over the age of 18 were polled for the survey. Results were weighted according on area, gender, age, and education. The margin of error for the poll is +/- 2.5%, 19 times out of 20.

the most common issue Canadians that was the culprit for todays inflation is is 23% believe “Profit taking by companies and speculators” is the top.

Additionally the poll found 17% believe “Supply chain problems caused by COVID” is to blame for the ecumenic problems. Another 16% think the “Impact of the war in Ukraine on global commodities” is big driver and 14% said the price hikes are because of the lockdowns and COVID.

Compared to where Canadians were ten days ago when the same measure was applied,
the impact of inflation on their ability to buy necessities for themselves and/or their family
nowadays has increased the group who are “worried —inflation is causing some serious
money issues” (59%, up to three points from 56% from ten days ago). This compares with
fewer Canadians who are “comfortable—inflation is not really having an impact” (28%,
down three points from 31% from ten days ago).”

“This compares with fewer Canadians who are “comfortable—inflation is not really having an impact” (28%, down three points from 31% from ten days ago).”

Last year when inflation problems started to kick in Trudeau told reporters last year that he didn’t worry about “monetary policy.”

“When I think about the biggest, most important economic policy this government, if re-elected, would move forward, you’ll forgive me if I don’t think about monetary policy,” said Trudeau in 2021.

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