Canadians are reporting steady household finances even as confidence in the broader economy declines, according to new data from the Angus Reid Institute.

The survey finds only 35% of respondents say the national economy is in good or very good shape, down from 49% in June. Six in ten now describe the national picture as poor (41%) or very poor (20%). The drop follows months of fiscal updates showing larger deficits and revised growth projections by governments across the country.

Recommended Videos

At the same time, two-thirds of Canadians say their household finances are good or very good. That number has remained relatively stable in 2025, though it is down four points since June. This disconnect between personal experience and the national outlook underscores how macroeconomic conc

See Full Page