COMPAS Poll/Survey
April 9, 2012
 

Second of Two Part Series on the Federal Budget, Part 1 was on the Federal Budget as a Whole

Massive Support for OAS, EI, and Public Service Pension Changes: Less Support for New R&D Grants

  Weekly CEO/Business Leader Poll by COMPAS in Canadian Business
 
Categories:  
Policy and Opinion
Consumer and Lifestyle
Business and Finance
In this second of a two part series on the federal budget, we report massive support from the COMPAS panel of CEOs and business leaders for changes to federal public service pension rules, cutting federal spending by $ 5 billion, increasing the age of eligibility for the OAS to 67, and EI changes to encourage inter-regional mobility. The overwhelming majority of panelists see the OAS change as essential; some feel that the age could have been raised further. The main reason in support of the OAS changes is the need for the government to control its spending given the huge size of the boomer generation rather than employers' needs to keep skilled employees in the workforce.

As reported in last week's Part 1 report, panelists are generally uncomfortable with R&D tax credits and back the government's efforts to curtail them. Panelists are nonetheless not overwhelmingly for R&D grants as outlined in the budget.

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

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