Optimism about growth
Looking further afield for growth
Global optimism around economic growth is the highest ever recorded at 57%, and Canadian CEOs’ optimism is significantly higher than the global average at 72%—and double what it was last year.
Canadian CEOs, while being positive, are significantly more concerned compared to last year about geopolitical uncertainty at 88%, protectionism at 84%, and cyber threats and over-regulation at 81%.
While 88% of Canadian CEOs are still looking to the United States for growth, in the face of trade threat and protectionism from our closest trading partner, they’re also looking to other countries, including China at 53%, the United Kingdom at 30%, Germany at 19% and France at 9%.
Canadian CEOs fall behind in their concern over the speed of technological change at 67% and the availability of key skills at 51%, compared to their global counterparts overall at 76% and 80%, respectively.
One third of Canadian CEOs are concerned about a lack of trust in their businesses compared to their global peers at 60%, and only 14% of Canadian CEOs feel the trust they have with their employees today is being questioned.
© 2018 - 2019 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal entity. Please see www.pwc.com/structure for further details.