Compas Poll / Survey

Tax cuts would do more for the Canadian economy than a wide variety of other government actions. That’s the key conclusion from the Roynat/COMPAS survey of the leaders of Canadian midcaps on the eve of the federal election and the inauguration of a new government in Ottawa.

The leaders of Canada’s midcaps say that individual and corporate tax cuts would accomplish far more than a variety of other potential actions, including privatization and deregulation and even stabilization of the loonie, which is favoured by many.

If government intends to continue to intervene in free markets, its priority should be on human resource development. Support for human resource development is seen as far more helpful by midcap executives than direct financial or other assistance to companies. Respondents were not enthusiastic about governments’ helping companies gain access to access to financing or provide other direct forms of assistance.

These are among the key finding of the second in a series of surveys among midcap companies. The surveys are sponsored by Roynat and the National Post.