Coalition government worse for the economy, say Canadian CEOs
Dec 4, 2008 News Releases
From Canadian Business magazine TORONTO, Dec. 4 /CNW/ - With parliament prorogued until budget day on Jan. 26, Canadian business leaders overwhelmingly believe a coalition government headed by Liberal leader Stéphane Dion would be worse for the economy than if Conservative Prime Minister Stephen Harper remained in office, according to this week's web poll conducted by COMPAS for Canadian Business magazine and canadianbusiness.com. The 142 CEOs surveyed believe Harper would outperform the proposed coalition government consisting of the Liberal, NDP and Bloc Québécois parties on a host of economic issues, including access to lending and access to the U.S. market for exports. Who's the best leader? Of the business leaders polled 70% had the most confidence in Stephen Harper. To find out how other leaders ranked and to get more details on what CEOs think about a possible coalition government, go to: www.canadianbusiness.com/managing/ceo-poll What impact would the coalition have? Slightly more than 60% of the CEOs said our standard of living would be worse under a coalition government. Find out what they thought the effects would be on inflation, the economy and other issues at: www.canadianbusiness.com/managing/ceo-poll Up-to-the-minute surveys on today's issues Every week, the Canadian Business magazine's CEO/Business Leader Poll asks small and medium-size business executives tough questions on issues that affect all Canadian business people. Undertaken weekly by COMPAS on behalf of Canadian Business magazine, the poll results appear in print and weekly at www.canadianbusiness.com/managing/ceo-poll. Some questions asked in recent CEO Polls: When should investors be getting back into the stock market game? Is Barack Obama the best leader for the U.S.? What about global warming and the carbon tax? Did the Bank of Canada do the right thing in slashing interest rates? Is service quality at large companies deteriorating? All these results are available in our CEO Poll archives on the Canadian Business web site. About Canadian Business magazine: Founded in 1928, Canadian Business is the longest-serving, best-selling and most trusted business publication in Canada. Canadian Business stands alone as the business magazine in Canada with 100% paid circulation. With a readership of more that one million, the magazine is published every second Monday, except in January, July and August, when monthly issues are published. Special annual issues of Canadian Business include the Investor 500, the MBA Guide, the Rich 100 and the Best and Worst Boards. Visit www.canadianbusiness.com.