Canadian CEO's Hold Onto Cash!

By: Ian Campbell | Mon, Jun 25, 2012
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Why Read: Because those who operate business may well (read likely) have a better understanding of what is going on in their respective segments of the economy than do those who write in the mainstream media and on the Internet.

Featured Article: An article last week reported on a recently conducted survey that ended June 5. The article says that "Canadian executives are sitting on cash and bracing themselves for higher financing costs, worried that turmoil in Europe will spill over into North America in the months ahead". The article further reports that of the executives surveyed:

All that said, more than 80% of executives polled think the Canadian economy will expand in the next year, and 71% think the U.S. economy has improved and will experience modest growth (time frame not stated).

Commentary: So what does all that mean:

Europe's woes have Canadian firms holding on to cash
Source: The Globe and Mail, Richard Blackwell, June 18, 2012
Reading time: 4 minutes

Canadian CEO's Hold Onto Cash! - by Ian R. Campbell - June 25, 2012

Why Read: Because those who operate business may well (read likely) have a better understanding of what is going on in their respective segments of the economy than do those who write in the mainstream media and on the Internet.

Featured Article: An article last week reported on a recently conducted survey that ended June 5. The article says that "Canadian executives are sitting on cash and bracing themselves for higher financing costs, worried that turmoil in Europe will spill over into North America in the months ahead". The article further reports that of the executives surveyed:

All that said, more than 80% of executives polled think the Canadian economy will expand in the next year, and 71% think the U.S. economy has improved and will experience modest growth (time frame not stated).

Commentary: So what does all that mean:

Europe's woes have Canadian firms holding on to cash
Source: The Globe and Mail, Richard Blackwell, June 18, 2012
Reading time: 4 minutes

 


 

Ian Campbell

Author: Ian Campbell

Ian R. Campbell, FCA, FCBV
Business Transition Simplified

Through his www.BusinessTransitionSimplified.com website and his Business Transition & Valuation Review newsletter Ian R. Campbell shares his perspectives on business transition, business valuation and world economic and financial markets influences on those two topics. A recognized business valuation and transition authority, he founded Toronto based Campbell Valuation Partners Limited (1976). He currently is working to bring his business valuation and transition experience to both business owners and their advisors in our new economic, business and financial markets normal.

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