The pandemic-rooted slowdown has many Canadians feeling pessimistic about the economy, according to a new poll.
According to the Angus Reid Institute, 87 percent of respondents stated that they expect the worst is yet to come, from an economic perspective.
The online poll of 2,162 Canadians was conducted from April 1 to 3. It has a margin of error of plus or minus two percent, 19 times out of 20.
Among those between the ages of 18 and 44, more than seven in 10 are feeling in a good enough financial position to withstand a short-term slowdown.
While only 12 percent of all respondents stated that they were in "great shape" financially, another 61 percent said they're in "good shape, but worried about this lasting a long time".
The remaining 27 percent of respondents revealed that they are in a "bad" or "terrible" financial state.
That percentage was slightly higher—30 percent—for those between 25 and 34.
The poll also found that of the 45 percent of households that have lost hours of work due to the pandemic, nearly half have already applied for employment-insurance benefits.
The full poll results are available here.