OTTAWA, June 6, 2012 /CNW/ - A national survey of Canadian exporters
suggests a significant shift in attitude toward the global economy.
The Trade Confidence Index, a bi-annual survey by Export Development
Canada (EDC), found that six in 10 exporters believed that global
economy would worsen in the fall of 2011. In the spring of 2012, only
2 in 10 had this point of view.
"Exporters seem to be telling us that they believe the worst is behind
us, despite lingering risks in Europe," said Peter Hall, Chief
"Optimism among Canadian exporters is consistent with the budding
recovery that we see in global trade. Behind the considerable
planet-wide public-sector cutbacks is a faster-growing private sector
that is pulling along the world economy to true recovery."
The Trade Confidence Index survey report will be released on Friday.
EDC is Canada's export credit agency, offering innovative commercial
solutions to help Canadian exporters and investors expand their
international business. EDC's knowledge and partnerships are used by
more than 7,700 Canadian companies and their global customers in up to
200 markets worldwide each year. EDC is financially self-sustaining and
a recognized leader in financial reporting and economic analysis.
SOURCE Export Development Canada
For further information:
Export Development Canada
Tel: (613) 598-2904