Survey: Canadian CEOs optimistic, predicting growth in 2012

Although nearly one-half (48 per cent) of Canadian CEOs believe the global economy will decline even further in the next 12 months, they are optimistic about growth for 2012, according to a survey by PwC.

Canadian CEOs believe their organizations have been less affected by global turmoil than leaders in other countries. For instance, while the sovereign debt crisis was cited as the key global issue to affect Canadian businesses, 38 per cent of the 130 Canadian CEOs surveyed said the crisis had an impact on their operations this year, compared to 56 per cent of the 1,258 CEOs polled worldwide.

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