What Canadians think about economic priorities National survey released May 4, 2015 Project NANOS SURVEY NANOS SURVEY
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1 What Canadians think about economic priorities National survey released May 4, 2015 Project
2 > When Canadians support increasing pension benefits, tightening mortgage rules, and lowering income tax as government priorities it comes to potential priorities for the Government of Canada, there is significant support for a range of economic policies. Research suggests that many Canadians favor increasing pension benefits and tightening mortgage rules. Nik Nanos, Chairman nnanos@nanosresearch.com Increasing pension benefits Support for the Government of Canada to increase pension benefits is significant (52% support, 36% somewhat support). Tightening mortgage rules When it comes to the Government of Canada tightening mortgage rules, while the majority would support it (41% somewhat support,39% support), 12% would somewhat oppose and only five per cent of Canadians would oppose. Lowering income tax If the Government of Canada were to lower the income tax, 48% would support that while 26% would somewhat support that. Increasing annual contribution to tax-free savings account Almost two of three Canadians would support increasing how much they can put into a taxfree savings account (34% support, 30% somewhat support), 17% of Canadians would oppose increasing the yearly amount as a priority of the Government of Canada, while 14% would somewhat oppose it. Likelihood of saving more money in a tax-free savings account Although still a majority, Canadians are mixed on whether they would use the extra room in the tax-free savings account, 55% would say they were either likely or somewhat likely to put their money in a tax-free savings account in the next two years if the government increased the annual limit. However, 43% of Canadians said they were either somewhat unlikely or unlikely to do this. 2
3 Government Priorities Source: The Globe and Mail/Nanos Research, RDD dual frame hybrid telephone and online random survey, April 24 th to 27 th, 2015, n=1000, accurate 3.1 percentage points plus or minus, 19 times out of 20. Increasing the benefits Canadians receive through the Canadian Pension Plan 52% 36% 6% 4% 3% Tightening up the mortgage rules to ensure Canadians do not take on too much debt 39% 41% 12% 5% 3% Lowering personal income taxes for Canadians 48% 26% 14% 10% 1% Increasing how much Canadians can put in a tax-free savings account 34% 30% 14% 17% 3% % 10% 20% 30% 40% 50% 60% 70% 80% 90% 100% Support support oppose Oppose Unsure *Note: Charts may not add up to 100 due to rounding QUESTION Do you support, somewhat support, somewhat oppose or oppose the following as potential priorities for the Government of Canada: [RANDOMIZE] 3
4 Government Priorities: Increasing Pension Benefits Source: The Globe and Mail/Nanos Research, RDD dual frame hybrid telephone and online random survey, April 24 th to 27 th, 2015, n=1000, accurate 3.1 percentage points plus or minus, 19 times out of oppose 6% Oppose 4% Unsure 3% Subgroups Atlantic (n=100) Quebec (n=250) Ontario (n=300) Prairies (n=200) Support 52% British Columbia (n=xxx) Male (n=504) support 36% Female (n=497) to 29 (n=203) to 39 (n=167) to 49 (n=220) to 59 (n=178) *Note: Charts may not add up to 100 due to rounding 60 plus (n=238) QUESTION Do you support, somewhat support, somewhat oppose or oppose the following as potential priorities for the Government of Canada: [RANDOMIZE] Increasing the benefits Canadians receive through the Canadian Pension Plan 4
5 Government Priorities: Tightening Mortgage Rules Source: The Globe and Mail/Nanos Research, RDD dual frame hybrid telephone and online random survey, April 24 th to 27 th, 2015, n=1000, accurate 3.1 percentage points plus or minus, 19 times out of oppose 12% Oppose 5% Unsure 3% Support 39% Subgroups Atlantic (n=100) Quebec (n=250) Ontario (n=300) Prairies (n=200) British Columbia (n=xxx) Male (n=504) Female (n=497) to 29 (n=203) support 41% 30 to 39 (n=167) to 49 (n=220) to 59 (n=178) *Note: Charts may not add up to 100 due to rounding 60 plus (n=238) QUESTION Do you support, somewhat support, somewhat oppose or oppose the following as potential priorities for the Government of Canada: [RANDOMIZE] Tightening up the mortgage rules to ensure Canadians do not take on too much debt 5
6 Government Priorities: Lowering Income Tax Source: The Globe and Mail/Nanos Research, RDD dual frame hybrid telephone and online random survey, April 24 th to 27 th, 2015, n=1000, accurate 3.1 percentage points plus or minus, 19 times out of Oppose 10% Unsure 1% Subgroups Atlantic (n=100) Quebec (n=250) oppose 14% Support 48% Ontario (n=300) Prairies (n=200) British Columbia (n=xxx) Male (n=504) Female (n=497) to 29 (n=203) support 26% 30 to 39 (n=167) to 49 (n=220) to 59 (n=178) *Note: Charts may not add up to 100 due to rounding 60 plus (n=238) QUESTION Do you support, somewhat support, somewhat oppose or oppose the following as potential priorities for the Government of Canada: [RANDOMIZE] Lowering personal income taxes for Canadians 6
7 Government Priorities: Increasing Annual Contribution to Tax-free Savings Accounts Source: The Globe and Mail/Nanos Research, RDD dual frame hybrid telephone and online random survey, April 24 th to 27 th, 2015, n=1000, accurate 3.1 percentage points plus or minus, 19 times out of Oppose 17% Unsure 6% Support 34% Subgroups Atlantic (n=100) +5.5 Quebec (n=250) Ontario (n=300) Prairies (n=200) British Columbia (n=xxx) Male (n=504) oppose 14% Female (n=497) to 29 (n=203) to 39 (n=167) support 30% *Note: Charts may not add up to 100 due to rounding 40 to 49 (n=220) to 59 (n=178) plus (n=238) QUESTION Do you support, somewhat support, somewhat oppose or oppose the following as potential priorities for the Government of Canada: [RANDOMIZE] Increasing how much Canadians can put in a tax-free savings account 7
8 Likelihood to Save More in Tax-free Savings Accounts with a Higher Annual Limit Source: The Globe and Mail/Nanos Research, RDD dual frame hybrid telephone and online random survey, April 24 th to 27 th, 2015, n=1000, accurate 3.1 percentage points plus or minus, 19 times out of Unlikely 27% unlikely 16% *Note: Charts may not add up to 100 due to rounding Unsure 3% Subgroups likely 23% Likely 32% Likely/ likely Atlantic (n=100) 41.8% Quebec (n=250) 52.5% Ontario (n=300) 57.3% Prairies (n=200) 57.0% British Columbia (n=xxx) 54.8% Male (n=504) 53.3% Female (n=497) 54.9% 18 to 29 (n=203) 50.6% 30 to 39 (n=167) 46.2% 40 to 49 (n=220) 57.8% 50 to 59 (n=178) 56.6% 60 plus (n=238) 57.0% QUESTION If the Government of Canada increased the amount one could put in a tax-free savings account would you be likely, somewhat likely, somewhat unlikely or unlikely to save more money by putting it in a taxfree savings account within the next two years. 8
9 Methodology
10 Methodology Nanos conducted an RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,000 Canadians between April 24 th and 27 th, 2015 as part of an omnibus survey. Participants were randomly recruited by telephone using live agents and administered a survey online. The sample included both land- and cell-lines across Canada. The results were statistically checked and weighted by age and gender using the latest Census information and the sample is geographically stratified to be representative of Canada. Individuals randomly called using random digit dialling with a maximum of five call backs. The margin of error for a random survey of 1,000 Canadians is ±3.1 percentage points, 19 times out of 20. The data presented in this research is part of a joint project by The Globe and Mail and Nanos Research. Note: Charts may not add up to 100 due to rounding. 10
11 About Nanos Nanos is one of North America s most trusted research and strategy organizations. Our team of professionals is regularly called upon by senior executives to deliver superior intelligence and market advantage whether it be helping to chart a path forward, managing a reputation or brand risk or understanding the trends that drive success. Services range from traditional telephone surveys, through to elite in-depth interviews, online research and focus groups. Nanos clients range from Fortune 500 companies through to leading advocacy groups interested in understanding and shaping the public landscape. Whether it is understanding your brand or reputation, customer needs and satisfaction, engaging employees or testing new ads or products, Nanos provides insight you can trust. View our brochure Nik Nanos FMRIA Richard Jenkins Chairman, Nanos Research Group Vice President, Nanos Research Ottawa (613) ext. 237 Ottawa (613) ext. 230 Washington DC (202) rjenkins@nanosresearch.com nnanos@nanosresearch.com 11
12 Tabulations
13 GLOBE & MAIL/Nanos Survey STAT SHEET Do you support, somewhat support, somewhat oppose or oppose the following as potential priorities for the Government of Canada: [RANDOMIZE] Question 1 - Lowering personal income taxes for Canadians Total Support support oppose Oppose Unsure Responses Percentage Percentage Percentage Percentage Percentage Region Canada Atlantic Canada Quebec Ontario Prairies British Columbia Gender Male Female Age 18 to to to to plus Nanos conducted a RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,000 Canadians between April 24 th and 27 th, 2015, as part of an omnibus survey. The margin of error for a random survey of 1,000 Canadians is ±3.1 percentage points, 19 times out of Page 1
14 GLOBE & MAIL/Nanos Survey STAT SHEET Do you support, somewhat support, somewhat oppose or oppose the following as potential priorities for the Government of Canada: [RANDOMIZE] Question 2 - Increasing how much Canadians can put in a tax-free savings account Total Support support oppose Oppose Unsure Responses Percentage Percentage Percentage Percentage Percentage Region Canada Atlantic Canada Quebec Ontario Prairies British Columbia Gender Male Female Age 18 to to to to plus Nanos conducted a RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,000 Canadians between April 24 th and 27 th, 2015, as part of an omnibus survey. The margin of error for a random survey of 1,000 Canadians is ±3.1 percentage points, 19 times out of Page 2
15 GLOBE & MAIL/Nanos Survey STAT SHEET Do you support, somewhat support, somewhat oppose or oppose the following as potential priorities for the Government of Canada: [RANDOMIZE] Question 3 - Increasing the benefits Canadians receive through the Canadian Pension Plan Total Support support oppose Oppose Unsure Responses Percentage Percentage Percentage Percentage Percentage Region Canada Atlantic Canada Quebec Ontario Prairies British Columbia Gender Male Female Age 18 to to to to plus Nanos conducted a RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,000 Canadians between April 24 th and 27 th, 2015, as part of an omnibus survey. The margin of error for a random survey of 1,000 Canadians is ±3.1 percentage points, 19 times out of Page 3
16 GLOBE & MAIL/Nanos Survey STAT SHEET Do you support, somewhat support, somewhat oppose or oppose the following as potential priorities for the Government of Canada: [RANDOMIZE] Question 4 - Tightening up the mortgage rules to ensure Canadians do not take on too much debt Total Support support oppose Oppose Unsure Responses Percentage Percentage Percentage Percentage Percentage Region Canada Atlantic Canada Quebec Ontario Prairies British Columbia Gender Male Female Age 18 to to to to plus Nanos conducted a RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,000 Canadians between April 24 th and 27 th, 2015, as part of an omnibus survey. The margin of error for a random survey of 1,000 Canadians is ±3.1 percentage points, 19 times out of Page 4
17 GLOBE & MAIL/Nanos Survey STAT SHEET Question 5 - If the Government of Canada increased the amount one could put in a tax-free savings account would you be likely, somewhat likely, somewhat unlikely or unlikely to save more money by putting it in a tax-free savings account within the next two years. Total Likely likely unlikely Unlikely Unsure Responses Percentage Percentage Percentage Percentage Percentage Region Canada Atlantic Canada Quebec Ontario Prairies British Columbia Gender Male Female Age 18 to to to to plus Nanos conducted a RDD dual frame (land- and cell-lines) hybrid telephone and online random survey of 1,000 Canadians between April 24 th and 27 th, 2015, as part of an omnibus survey. The margin of error for a random survey of 1,000 Canadians is ±3.1 percentage points, 19 times out of Page 5
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