The latest economic survey shows that despite a slight decrease in Canada, 61% of Canadians and 54% of Americans consider their household finances to be good. This is stable compared to last month. On the other hand, nearly six out of ten Canadians and Americans believe that their country is in recession.
In politics news, a survey conducted from May 24 to 26, 2024, revealed that if the Presidential election were to happen today, Trump would secure 46% of the votes while Biden would secure 45%, indicating a close race. However, a larger portion of Americans believe that Trump will win the 2024 presidential election. A significant number also think that things were better under Trump’s presidency compared to Biden’s. Additionally, a substantial number of Democrat voters, especially in the younger age group, would have preferred a different candidate than Joe Biden.
The methodology involved a web survey conducted on both countries with randomly recruited respondents aged 18 years and older from LEO’s online panel. Since this was a non-probability sample in a panel survey, no margin of error can be associated with it. However, for comparison purposes only, if we had used probability samples of 1,620 respondents each for Canada and America respectively then we could have calculated margins of error ranging from ±2.44% (95% confidence interval) for Canada to ±3.09% (95% confidence interval) for America (19 times out of 20).
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