Mar 25, 2024
The Canadian economy is proving its resilience, surpassing year-end expectations with solid labour market performance and sustained population growth. Many signs point to a recovery from the current economic slump in the latter half of the year. Despite this good news, Canada is still in the woods. Challenges are weighing on the economy, with high debt levels, rising mortgage rates (and mortgage delinquencies), business insolvencies, and a stalling productivity that’s keeping growth low.
Mar 13, 2024
The Q1 2024 CFO Signal indicates heightened economic optimism among CFOs, particularly for North America. About 54% of CFOs anticipate improved conditions in a year, up from 37% last quarter. Net optimism for their companies' financial prospects also rose significantly. Despite these optimistic projections, CFOs remain cognizant of potential external threats, such as geopolitical tensions, macroeconomic fluctuations, the evolving political landscape, and interest rates. Internal risks, including talent retention, operational efficiency, cost and capital management, innovation, growth, and technological advancements, also remain areas of concern.
Mar 04, 2024
In Canada, it is becoming more evident that the issue of social cohesion affects all manner of organizations. If any country, community or company is unable to cohere its various stakeholders, it will struggle to move forward. This research was conducted with the goal of identifying a critical but less-than-obvious piece of the social cohesion puzzle, to help organizations and leaders better galvanize their stakeholders in common purpose.
Jan 08, 2024
In this quarter’s survey CFOs diminished their 12-month outlook for economic conditions falling in most regions tracked by CFO Signals. They also indicated lower year-over-year (YOY) growth expectations for earnings, revenue, and other key metrics. Little wonder their 2024 priorities are financial performance, growth—both organic and inorganic—and cost management.
Oct 05, 2023
Our third-quarter 2023 North American CFO Signals survey reveals a fair degree of positive momentum—in CFOs’ assessments of North America’s economy, their level of optimism for their own companies’ financial prospects, and their interest in the potential uses and benefits of Generative Artificial Intelligence (GenAI).
Sep 29, 2023
In our most recent September quarterly economic outlook, we discuss one of the most surprising occurrences over the past year: our country's resilient economic growth in the face of aggressive monetary tightening. In the second quarter of this year, we saw some impact as real gross domestic product (GDP) fell by 0.2 per cent. Over the near term, we expect the economy to continue to struggle in the face of high household debt, soaring interest payments, and stubbornly persistent inflation. Growth is forecast to resume at the beginning of next year as the fear of rising interest rates fades.
Sep 28, 2023
In this year’s report, Deloitte advises leaders on how they may be able to establish more efficient, sustainable business through proactive property portfolio structuring and risk mitigation, value creation through green and decarbonization initiatives and tax incentives, and by transforming operations and technology.
Sep 27, 2023
This report talks about how the insurance industry is shifting to a more proactive and customer-centric approach. This will require new technologies and a cultural change away from siloed interactions. The industry is also becoming a more active advocate for sustainability.
Jun 30, 2023
After a year of volatility, the Canadian economy has proven surprisingly resilient as strong population growth, tight labour markets, high commodity prices, and the delayed impact of rising interest rates have all helped to sustain growth. While this has set the stage for a period of relative economic calm heading into the summer, signs of slowing growth are emerging on several fronts.
Jun 19, 2023
The special topic covered in this quarter’s survey was enterprise risk and regulation. If the last few years have shown anything, it's that threats, like opportunities, can take shape rapidly. That heightened sense of dynamism may account for CFOs’ evolving risk concerns. That said, their understanding of risk has likely fueled their awareness of needing better systems to identify and react to a variety of threats. We asked CFOs about their most worrisome risks and their greatest challenges in managing enterprise risk and regulation, among other questions.
Mar 24, 2023
Despite elevated uncertainty in response to several recent bank failures in the United States and beyond, the economic downturn in Canada is not expected to be as deep as previously anticipated. This quarter’s outlook looks at the factors impacting the economy, such as: Inflation levels have been coming down in recent months. The Bank of Canada has hit pause on rate hikes. Consumer confidence is down. Activity in Canada’s housing market has plunged. Job reports have been stronger for the last few months.
Mar 15, 2023
As the end of the first quarter of the year approaches, our 1Q 2023 North American CFO Signals survey reflects mixed views on the economic front. A vast majority (93%) of surveyed CFOs have their finance organizations focused on planning for a mild recession. At the same time, CFOs have higher expectations for year-over-year growth in earnings, revenue, capital investment, and domestic hiring, compared to the prior quarter.
These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.