The investment climate is looking rosier, according to a survey by Canada’s Venture Capital & Private Equity Association (CVCA). According to the research, carried out in collaboration with McCarthy Tétrault LLP, there is a greater optimism regarding the investment climate in Canada for both private equity and venture capital.
Canadian finance executives are taking an aggressive stance on business growth, according to the most recent American Express/CFO Research Global Business & Spending Monitor, a survey of 541 senior finance executives from the U.S., Europe, Canada, Latin America, Asia and Australia.
Four years after the credit crisis, Europe still remains in fiscal disrepair. “Europe is now the poster child for risk,” said Derek Burleton, vice-president and deputy chief economist with TD Economics, speaking yesterday at TD Asset Management’s Sharing of Knowledge Learning Series in Toronto.
The developed world’s current woes—anaemic economic recovery, deleveraging of private sectors and shrinking balance sheets of the financial sector—will likely continue for another decade. At the same time, the dynamic emerging world will create a desirable background story.
With its seventh-consecutive monthly gain since late last summer, small business sentiment has now reached a stable level and will support sustainable economic growth, according to the Canadian Federation of Independent Business’ (CFIB).
The chips seem to be falling in favour of investors, with North American equity markets rebounding after a volatile 2011 and the S&P 500 reaching its highest close in almost four years last Monday.
Consumer confidence is on the rise in Canada, with the index currently standing at 75.3, compared with 72.6 in November.
Public sector pensions are one of the factors Ontario is eyeing as it attempts to tackle a $15.3-billion deficit that’s left the province’s credit rating under watch.
Investor confidence was up in March, with North America driving the lead, according to the latest State Street Investor Confidence Index (ICI).
Despite signs of economic recovery, Canadian families are feeling financially insecure, says a study by the Vanier Institute.