More than Two-Thirds Oppose Government Loans to Private Companies

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More than Two-Thirds Oppose Government Loans to Private Companies

Toronto, March 9th – In a random sampling of public opinion taken by The Forum Poll™ among 1,340 Canadian voters, (68%) oppose the Federal Government offering interest free loans to private, for-profit corporations. Only (14%) approve of this practice, while (18%) don’t know.

Respondents most likely to oppose these types of loans include those earning $60,000-$80,000 (81%), living in Alberta (79%), who are NDP supporters (82%). Those who have completed some college or university also oppose this practice (74%).

Those most likely to approve of these types of loans include the least wealthy (22%), earning $40,000-$60,000 (20%), living in Québec (24%), and those with a post-graduate degree (17%).

“Offering loans to private, for-profit companies is risky, given how many people don’t approve of the practice. It may be good policy, but it isn’t always good politics,” said Dr. Lorne Bozinoff, President of Forum Research.

Lorne Bozinoff, Ph.D. is the president and founder of Forum Research. He can be reached at lbozinoff@forumresearch.com or at (416) 960-9603.