Business leaders more pessimistic on state of Canadian economy
OTTAWA — Just when some economists were starting to see a little bit of light, Canada’s business leaders are casting some dark shadows over their growth outlook.
In fact, about 40 per cent of senior company managers say they have become less hopeful of a strong economic performance over the next 12 months, according to a third-quarter survey conducted for Chartered Professional Accountants of Canada.
That’s up from just 20 per cent of respondents who expressed pessimism in the previous three-month period, the results of the CPA Canada poll showed Tuesday, and a dramatic contrast to results in the third quarter of 2014 — when optimism stood at 48 per cent.
“What a difference a year makes,” said Kevin Dancey, president and CEO of CPA Canada.
Business leaders more pessimistic on state of Canadian economy
OTTAWA — Just when some economists were starting to see a little bit of light, Canada’s business leaders are casting some dark shadows over their growth outlook.
In fact, about 40 per cent of senior company managers say they have become less hopeful of a strong economic performance over the next 12 months, according to a third-quarter survey conducted for Chartered Professional Accountants of Canada.
That’s up from just 20 per cent of respondents who expressed pessimism in the previous three-month period, the results of the CPA Canada poll showed Tuesday, and a dramatic contrast to results in the third quarter of 2014 — when optimism stood at 48 per cent.
“What a difference a year makes,” said Kevin Dancey, president and CEO of CPA Canada.
Business leaders more pessimistic on state of Canadian economy
