Canadian managers think things are good today but are not so confident about the future

TORONTO, CANADA, July 2019

In its 2019 survey of business confidence Modus Research finds that while Canadian managers and executives think things are good today they are not so confident about the next five years. When asked how they rate the current state of the Canadian economy, an average of 52% answered positively but this ranged dramatically from 74% in Quebec to less than a quarter in Alberta and the Prairies. When asked about the next five years, the percentage who thought the outlook was good was universally and dramatically down from previous years. And their major concerns: Household and Government debt along with US trade protectionism.

These results came from a survey conducted June 2019, amongst 678 managers and executives from the Modus Business panel, the only fully representative and randomly sampled panel of all managers and executives across Canada. The results have been weighted by organization size and region and are accurate to within 4% points 95 times out of a 100.

Established in 2012, Modus Research is a full-service research agency that provides clients with actionable feedback from Canadian enterprises based on truly representative samples. Clients doing business with Modus gain access to the Modus Business Panel, Canada’s only purpose-built, fully representative business panel.