Corporate Leaders in Canada: Pessimistic

poli · Oct 24, 2012

Considering how well Canada has weathered the global economic downturn, It's really worrying to see this (Link)

Firms are generally more circumspect about near-term investment decisions and are focusing on minimizing costs, the bank said, adding that companies expect little change in the pace of sales growth over the next 12 months.

The balance of opinion on investment remains positive but has declined, as many firms report shifting their focus toward more intensive use of existing capital over the near term.

Hiring plans are also less widespread than indicated in the banks previous survey.

Mondays results are based on interviews of senior managers at about 100 Canadian companies between Aug. 27 and Sept. 20.

The survey found 40% of businesses said the pace of sales growth increased over the past 12 months,while 34% said growth had slowed. The other respondents saw no change. In the banks July survey, 53% said sales growth had increased over a 12-month period.
Click to expand...

We're all basically screwed, aren't we?

Log in or Sign up

Corporate Leaders in Canada: Pessimistic

poli New Member

Share This Page

Log in or Sign up

Corporate Leaders in Canada: Pessimistic

poli New Member

Share This Page

Useful Searches