Accountants More Optimistic

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    Executive chartered accountants are more optimistic about the Canadian economy and many expect employee levels to rise at their companies, says the ‘CICA Business Monitor.’ Thirty-four per cent of those surveyed expressed optimism about the prospects for the Canadian economy over the next 12 months. That is up significantly from 21 per cent in the previous quarterly report. Most respondents (55 per cent) remained neutral about how the economy will perform over the coming months. “The results are encouraging, but we cannot overlook the fact that economic uncertainty has caused optimism among executive chartered accountants to fluctuate from quarter to quarter for some time now,” says Kevin Dancey, president and CEO of the Canadian Institute of Chartered Accountants (CICA). “Optimism is moving upward, but we do not know if this is the start of a sustained climb.”