COMPAS Poll/Survey

CEOs and business leaders on the COMPAS business panel were asked for their assessments and forecasts in the wake of turmoil in Egypt, North Africa, and the Arabian peninsula.

By a wide margin, panelists believe that

  • Oil prices will remain high for the foreseeable future;
  • The rise in influence of Iran and Islamist movements will drive oil importing nations to increasingly look elsewhere for product; and
  • MidEast uncertainty will mean that the Canadian oil sands will experience no environmental opposition in Canada or abroad strong enough to constrain its development.

Though continued high oil prices may bring the global economy into recession, the Canadian economy’s prospects are solid.

As for North American leaders’ roles in the Middle East crises, Obama and Harper earn identical performance scores of 58% on a 100 point scale—adequate for politicians but not sterling.

These are the key findings from this past week’s Internet survey of CEOs and business leaders on the COMPAS panel. The weekly business survey is undertaken for Canadian Business magazine under sponsorship of BDO Dunwoody LLP.

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