One-third of households say they're financially worse off compared to year ago: poll
BNN Bloomberg
A new poll finds one-third of Canadian households say their financial situation has worsened over the last year.
According to a Leger poll commissioned by the Association for Canadian Studies, 34 per cent of Canadian households say they're financially worse off compared with a year ago.
The majority of respondents, 58 per cent, said their financial situation is about the same as it was a year ago.
Meanwhile, nine per cent report their financial situation has improved.
The federal government announced intentions to raise the inclusion rate on capital gains taxes for corporations and individuals earning beyond a certain threshold, which will impact wealthy individuals who are benefiting from tax advantages not available to middle class Canadians, according to the Budget 2024.