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BMO poll says 63% express recession concerns, 48% believe economy will weaken

  • 63% of Canadians surveyed expressed concerns about the potential for a recession in the next 12 months, according to a new report by BMO.
  • 48% of those surveyed believed the economy will weaken over the next 12 months, while 19% expect it to improve, as reported by BMO.
  • 67% of those surveyed said inflation is having a negative impact on their current financial situation, as noted in the report.
  • The online survey of 1,500 adult Canadians was conducted by Pollara from Nov. 8 to Nov. 18, 2024, according to the BMO report.
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Bias Distribution

  • 50% of the sources lean Left
50% Left
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