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COMPAS Poll/Survey
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In the wake of oil jitters and the prediction of U.S. $ 100 a barrel made by the respected chief economist of a chartered bank, CEOs and business leaders on the COMPAS business panel were asked about their forecasts and corporate strategies and contingency plans. Panelists largely discount the bank prediction. They expect the price to rise to U.S. $ 79 in two years with most repudiating the idea of U.S. $ 100 a barrel. Most are taking a wait-and-see approach with few making decisions to cut back or having contingency plans. These are the key findings from the current web-survey of the panel of CEOs and business leaders undertaken for the Financial Post under sponsorship of BDO Dunwoody LLP. |
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