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TORONTO (March 25, 2013) – Today, Business News Network (BNN) gets a look into the minds of Canada’s top executives by revealing findings of the 30th C-Suite Quarterly survey sponsored by KPMG and conducted by Gandalf Group. Continuing throughout the day, BNN taps top business minds about what Canada’s CEOs had to say, breaking down what it means for the upcoming quarter. Respondents to this edition of the survey focused on economic growth, immigration, investing in urban infrastructure, and tax increases and credits.
BNN’s in-depth look at this edition of the C-Suite Quarterly survey findings includes feature interviews with David Herle, Principal, The Gandalf Group and Willy Kruh, Partner, KPMG. These interviews and further analysis will be brought to BNN viewers throughout the day today during BUSINESS DAY AM at 11:15 a.m. ET;THE BUSINESS NEWS at 12:10 p.m. ET; BUSINESS DAY PM at 2:20 p.m. ET; and THE CLOSE just after 4:30 p.m. ET. BNN’s complete examination of the findings will be available online at BNN.ca post-broadcast.
Key Findings of the 30th C-SUITE Survey include:• Toronto and Calgary join New York, London, and Hong Kong as the top locations for a head office or a place to do business.
• There is a strong support for investing in light rail/subways, highways and roads, and shipping ports.
• The majority of those surveyed support investing in customs clearance and U.S. border crossings and airports, while most oppose investments in parks and attractions.
• The vast majority agreed that immigration is going to be critical to labour market needs, indicating Canada’s system should focus more on attracting skilled workers than on family reunification.
• Just over half of those surveyed believe that admitting more foreign students and providing them with work visas would have a positive impact on the economy.
• Investing in more skills training, followed by establishing freer trade and more generous tax incentives for R & D are viewed as what will stimulate economic growth.
• Tax credits for capital and equipment are seen as being very helpful to encouraging companies to spend cash reserves.
The C-Suite Quarterly survey is conducted by Gandalf Group and sponsored by KPMG.
BNN – Business News Network is Canada's only television service devoted exclusively to business and finance news with wall-to-wall coverage of the markets. The network features the only televised stock ticker with real-time data from the TSX, NYSE and NASDAQ. BNN provides Canadian investors with the latest business news, newsmaker interviews and stock market analyses. BNN is a division of Bell Media, which is owned by BCE Inc. (TSX, NYSE: BCE), Canada’s largest communications company. For more information about BNN, visitwww.bnn.ca.
About Gandalf Group
The Gandalf Group is an opinion research and communications consulting firm. The firm's principals are nationally recognized leaders in research and communications strategy, providing advice to business, industry associations, public sector agencies and media outlets. The Gandalf Group has been conducting quarterly editions of the C-Suite survey on behalf of KPMG, The Globe and Mail's Report on Business and BNN since 2006. Past editions of reports on survey findings are available at GandalfGroup.ca.
KPMG LLP, the audit, tax and advisory firm (kpmg.ca), a Canadian limited liability partnership established under the laws of Ontario, is the Canadian member firm of KPMG International Cooperative (“KPMG International”). KPMG International’s member firms have 140,000 professionals, including more than 7,900 partners, in 146 countries.
The independent member firms of the KPMG network are affiliated with KPMG International, a Swiss entity. Each KPMG firm is a legally distinct and separate entity, and describes itself as such
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