Updated
Updated · The Deep Dive · Jul 9
Carney Holds 54% Approval as Canada’s Q1 2026 GDP Stalls at 0%
Updated
Updated · The Deep Dive · Jul 9

Carney Holds 54% Approval as Canada’s Q1 2026 GDP Stalls at 0%

1 articles · Updated · The Deep Dive · Jul 9

Summary

  • 54% of Canadians approve of Mark Carney’s government and 31% disapprove, while the Liberals lead the Conservatives 44% to 36% among committed voters despite a flat first quarter economy.
  • 0% real GDP growth in Q1 followed a 0.2% contraction in late 2025, with higher imports offset by inventories and weaker business and government investment balanced by household spending.
  • 0.7% business capital investment decline marked a fifth straight quarterly drop, residential investment fell 2.0%, and the household saving rate slid to 3.5%, its lowest in two years.
  • 69% of Canadians still rank cost of living among the top three issues, and the Bank of Canada said the share of firms planning or budgeting for a recession rose to 17% from 9% in Q2.
  • 50% of Canadians view Carney positively versus 31% negatively, while Pierre Poilievre is at 38% positive and 43% negative, suggesting economic anxiety has not yet translated into clear blame for the prime minister.

Insights

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