Canadians are split on the impact of the capital gains tax increase. (Bloomberg/Nanos)

Canadians are slightly more likely to say the capital gains tax increase will weaken the economy (45%) than say it is fair and will close the gap between rich and poor (38%).

Residents of the Prairies are more likely to say this will weaken the economy (56%) than those in Quebec (34%) and Atlantic Canada (31%).

Nanos conducted an RDD dual frame (land-and cell-lines) hybrid telephone and online random survey of 1086 Canadians, 18 years of age or older, between April 28th to May 1st, 2024 as part of an omnibus survey. The margin of error for this survey is ±3.0 percentage points, 19 times out of 20.

The research was commissioned by Bloomberg and was conducted by Nanos Research.

To read the full report, click here.