August 22, 2022 — Fresh polling by Pollara Strategic Insights shows Canadians are feeling increased pressure from inflation, with few expecting it to ease any time soon.
While many indicators and experts suggest inflation may have peaked, two-in-three (67%) Canadians expect inflation to increase over the next few months, and a similar percentage (66%) expect the current period of high inflation to last at least another year.
Just 16% of Canadian workers say their wages are keeping up with inflation. This is true amongst all types of workers, though gig workers (31%) are coping a bit better than white collar (15%), blue collar (21%), or the service sector (19%).
Even though Canadians of all political stripes are feeling the impact of inflation, who they blame is deeply wrapped up in partisanship. Conservative voters are over twice as likely to blame the federal government for inflation than COVID or supply chain breakdowns, while Liberal voters largely point the finger at external factors.
See the full details in our report and commentary on the study in the Toronto Star.
Also, click here to read more about Pollara’s syndicated study on inflation, Inflation Pressure Points. This quarterly study tracks how opinions around inflation are evolving and the implications for investors, businesses, and governments. Subscribing clients can include custom questions. E-mail us to find out more.