Visit the global automotive industry news blog with U.S. automotive industry news.

ameri resources

Need an office in metro Detroit, Alabama or Toronto? Office suites, meeting rooms, virtual offices, network access

free downloads

NORTH AMERICA: "The future of productivity: Clear choices for a competitive Canada" report

NORTH AMERICA: "The future of productivity: Clear choices for a competitive Canada" report. 60-page report by Deloitte Canada.

proceed to download

eJournals

backAMERItalk June, 2012

The 27th Quarterly C-Suite Survey: What is Canada's C-Suite thinking?

Expectations for moderate growth here and south of the border persist for most executives, but European political instability emerged as the top economic concern for the majority of respondents in the 27th edition of this survey released by KPMG, along with The Globe and Mail, BNN and The Gandalf Group on June 18, 2012.

Most executives also agree that the level of household debt in Canada is a serious threat to the economy, and that stimulating economic growth and preventing mortgage defaults should be the top issues the Bank of Canada considers when setting interest rates.

However, they are split over the question of whether interest rates should increase: 47 percent support leaving interest rates as is even if inflation rises, but 53 percent would like to see interest rates increase as much as necessary to keep inflation rates below 2 percent.

Almost two-thirds (65 percent) of executives say global competitiveness is important to their business and 81 percent say an emerging markets strategy would have a positive impact on the Canadian economy. When it comes to their own companies, however, 45 percent of executives say such a strategy would have no impact and 61 percent indicate they have no emerging markets strategy in place.

Other key findings:

- 43 percent say high levels of CEO compensation have no impact on shareholder returns and 32 percent say they have a negative impact.

- 45 percent of companies are holding onto cash reserves to help provide a buffer to risks they see in the market.

- 39 percent of executives indicate they will likely access equity financing over the next year, but 47 percent say it will be more difficult to raise money from equity. One quarter say it will be easier to access debt financing over the next 12 months.

To download 47-page report, please click here.

Source: KPMG Canada - GAI

previous page

go top

search our site