Compas Poll / Survey

Canada’s business leaders believe that the current high prices of oil are not justified. At the same time, business leaders are relatively unchanged in their concern over the affect of oil prices on the economy. The majority of Canadian CEOs and business leaders say the oil situation today is better than it was during the oil crisis in the mid to late 70’s.

On balance, respondents to this business panel favour reducing taxes on the purchase of fuel efficient cars, investing in public transit, and cutting fuel taxes at the pumps as a means to diminish the economic impact of rising oil prices.

On most of this issues, the views of the panel have changed very little over the years.

These are the key findings from the past week’s web survey of the COMPAS CEO and business leader panel undertaken for The Financial Post under sponsorship of BDO Dunwoody LLP.