Approximately in part (52%) respondents cited the effect of the pandemic as the main economic challenge; However, the effects of CPA Canada’s most recent Corporate Monitor (Q3 2020) also revealed that not all companies feel pain. While most accounting professionals in senior checkpoints surveyed (58%) His organization’s revenue since the start of the pandemic, 20% also reported unchanged revenue, while 21% reported an increase in revenue.
The optimism of the participants in the survey on the Canadian economy is 17%, which is overshadowed by those who express a pessimistic view (46%). Another 36 matching pennies took an impartial “wait and see” approach. Respondents were divided over how long corporations have put consumers in position and workers will have to stay in position, with 31% who said less than 18 months and 55% who said 18 months to 3 years. more than 3 years.