Canadian corporate leaders are concerned about a slowdown in the world economy, but a new survey has found they are still more than twice as bullish as their G7 colleagues when it comes to growth prospects in the near future.
For example, the survey by international consultants PwC says 25% of Canadian chief executives say they are planning a merger or acquisition this year.
That’s more than double the 12% global average among the 1,258 chief executives around the world who responded to the PwC survey.
As well, the survey found that 71% of Canadian CEOs with operations in western Europe expect growth in operations in 2012, compared with just 36% of their global peers.
However, the survey also found that Canadian chief executives are still concerned about the global macroeconomic environment, with only 13% expressing optimism about the prospects for a global economic rebound.