Canadian CEO, Small Business Surveys Show Sliding Optimism
- 64% of executives see worse conditions, Business Council says
- Separate report finds small-business sentiment also falling
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Chief executives are worried Canada has become a worse place to do business, with burdensome regulations and rising costs of labor and energy, an industry group survey shows.
The Business Council of Canada, an Ottawa-based advocacy group whose members are CEOs, released an online poll that shows 64 percent of respondents find the business investment climate in the country has worsened in the last five years, compared to 20 percent who said it had improved and 16 percent who said it was unchanged.