Chief Executive Group: Canada CEO Survey

Thank you to everyone who took the time in August to contribute to the Canada CEO Survey. As promised, we are pleased to share the findings with our community. This Canadian CEO Report, conducted in partnership with Chief Executive Group, reveals a cautiously optimistic outlook among Canadian business leaders. Here’s a quick breakdown of the report’s findings:

• While current business conditions are rated 5.9 out of 10, reflecting concerns over high interest rates, talent shortages, and government policies, nearly half of the CEOs expect improvements over the next 12 months, forecasting a 6.3/10 rating.
• Regional disparities exist, with Atlantic provinces being the most pessimistic and BC and the Prairies more optimistic. Despite ongoing challenges, 71% of CEOs anticipate revenue growth, and 63% expect higher profits.
• Capital expenditure and hiring forecasts remain conservative, with the majority projecting modest increases under 10%.