The most recent edition of the Business Monitor features Canadian business leaders’ views on the U.S. war on Iran and its economic impacts. The Business Monitor is Canada’s only B2B omnibus.
The key highlights in this release include:
- A strong majority of business leaders oppose Canada's involvement in the war with Iran.
- Surprisingly few think the U.S. will prevail.
- Many business leaders are concerned about the war escalating to a global scale.
Overall, more than two-thirds of business leaders are against Canada joining the war against Iran.
There are few fence-sitters on this issue – just 1 in 10.
- Oppposition is strongest outside of Alberta and the Prairie provinces.
Only a minority of Canadian business leaders think the U.S. will prevail in its war against Iran - just 2 in 5.
That said, fewer than a quarter think the U.S. will fail in Iran.
- Confidence in the U.S.'s prospects run highest in Alberta and the Prairies, albeit at fewer than a majority. East of Ontario, only about a quarter think the U.S. will prevail.
While three quarters of business leaders are at least moderately concerned about the Iran war escalating into a global conflict, fewer than a third are highly concerned.
Fully one-quarter of executives and managers are unconcerned about the volatility of the Iranian situation.
- Concerns run lowest east of Ontario.
Discussion
The U.S. and Israel war against Iran has been met with historically low support. It is rare, if not unprecedented, to find a majority of Americans opposing a war early in the campaign.
It is in this context that we find Canadian business leaders expressing strong reservations about the U.S.’s latest war. Prime Minister Carney’s qualified support is probably not enough to assuage existing concerns.
Methodology
The Business Monitor is powered by the Modus Business Panel – Canada’s only purpose-built, probability-based business panel.
The survey was conducted online using both email and SMS invitations/reminders, and completed via desktops, laptops, tablets and mobile devices.
A total of 627 responses were gathered from Canadian managers and executives between April 2 and 15, 2026 . As the Modus Business Panel is 100% recruited using RDD probability-based sampling, it is valid to cite the margin of error and to project these results to the broader population of business leaders with statistical confidence. The margin of error is plus or minus 3.9% at a 95% confidence interval.
The data have been weighted by enterprise size and region using the latest Canadian enterprise population data from Statistics Canada.
