Businesses see promise, want action on economic plan
Canadian business leaders want the government to move quickly on its economic agenda, with cutting red tape, fast-tracking a new west coast oil pipeline and accelerating major infrastructure projects identified as the top priorities to strengthen the economy, according to a new KPMG survey. The survey of 359 business leaders found 51% expect federal economic measures will leave their business better off over the next three years, while 55% believe the government is making progress in supporting Canadian businesses. “As the U.S. ratchets up trade pressure on Canada, many Canadian businesses are taking a measured approach," said Lachlan Wolfers, National Leader, KPMG Law. “Our survey shows business leaders want governments to stay focused on the actions that are within Canada's control to build economic resilience.” He added they want governments to “quickly deliver on the federal economic agenda, improve tax competitiveness, reduce red tape and diversify trade.”
