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November 12, 2001
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Federal Budget - Innovation Strategy Widely Unpopular - Business Leaders Want Monies Devoted to Tax Cuts, Health Spending, Debt Repayment, and Especially Security Instead
CIBC/Chamber Weekly CEO/Business Leader Poll by COMPAS in the Financial Post

Canadian business leaders embrace the notions of caution conveyed recently by Bank of Canada Governor David Dodge, who warned against the risks of over-spending given his expectation that lower interests would be adequate for re-igniting the economy. The overwhelming majority of business leaders and CEOs prefer a policy that is more cautious than that of the United States’ commitment to increased spending and reduced taxes (74%) while few advocate emulation (23%) and almost none favour greater spending increases and tax cuts than south of the border (see table 1).

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