COMPAS Poll/Survey
July 31, 2006

It’s the U.S., Stupid - Forget WTO, and Build Bilateral Agreements

  A Weekly BDO Dunwoody CEO Business Leader Poll by COMPAS in the Financial Post
Policy and Opinion
Business and Finance
On few issues has the COMPAS CEO panel reversed its position so thoroughly and quickly as on trade strategy. Three years ago, the panel favoured priorizing the WTO over bilateral agreements by almost 2:1. Today, CEOs and business leaders on the panel want the federal government to priorize bilateral agreements by more than 3:1, particularly but not exclusively our southern neigbour. To borrow from Bill Clinton, “Ït’s the U.S., stupid.”

Panelists want Canada to invest effort into both developing new bilateral relationships and improving Canada-U.S. trade relations. They have lost confidence in the WTO’s ability to make progress, attributing WTO weakness to European and U.S. commitment to agricultural subsidies and other factors.

These are the key findings from the current web-survey of the COMPAS panel of CEOs and business leaders undertaken for the Financial Post under sponsorship of BDO Dunwoody LLP.

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