Compas Poll / Survey

The CEOs and business leaders on the COMPAS panel have a shared sense of how the U.S. economy got to where it is and the pre-emptive action that Canada should take.

The overwhelming consensus is that poor mortgage and loan regulation was the main cause of economic weakness in the United States.

With an eye on pre-emptive action so that Canada is not unduly hurt, panelists recommend a tax cutting strategy that rewards job-creating businesses and heavy investments in infrastructure such as roads and energy research. Respondents tend to oppose increasing transfers to low income individuals as an economic solution.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine under sponsorship of BDO Dunwoody LLP.