63% of Canadians think feds overspending and not wisely: POLL

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A new survey finds 63% of Canadians consider themselves overtaxed by the federal government, which is spending too much and unwisely, an opinion that is eight percentage points higher than last year.

The MEI-Ipsos poll also found seven in 10 Canadians are dissatisfied with the accountability and transparency of the Canadian government’s spending practices.

Over seven in 10 respondents say their tax burden is too high, five percentage points higher than last year, and barely 1% think they don’t pay enough.

“Canadians have been watching federal government spending grow and grow for years, with no apparent affect on services,” says Renaud Brossard, Vice President of Communications at the MEI, in a statement.

“It’s time for the Trudeau government to put the breaks on spending and get its fiscal house in order, as the population is clearly demanding.”

The survey also found that nearly three out of four Canadians think the capital gains tax hike will affect not only the ultra-wealthy, but the middle class and 60% believe it will have a negative impact on the economy.

“The population feels increasingly overtaxed, and the capital gains tax hike seems to be feeding into this perception,” added Brossard in a statement.

“Canadians’ eyes are open, and they recognize that this tax hike will not just be levied on the ultra-wealthy, but will also reduce middle class prosperity.”

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For this survey, a sample of 1,038 Canadians 18 years of age and older was polled between July 10-14, 2024 with the results accurate to within ± 3.7 percentage points, 19 times out of 20.

The MEI is an independent public policy think tank with offices in Montreal and Calgary.