“The TEC CEO Confidence Survey measures both current performance and future prospects. It is a barometer for the overall economy as well as for individual companies. It gives almost a real-time reading on what business leaders are thinking in Canada’s small to medium-sized business sector.”

Dr. Peter Andersen, Economist, on the TEC Canada CEO Confidence Index.

The TEC Canada CEO Confidence Index is a quarterly survey measuring the confidence of Canadian business leaders of small-to-medium enterprises. The results provide insight into the challenges and opportunities faced by leaders and their confidence in the Canadian business environment. The TEC Canada members surveyed are CEOs and business owners of predominantly small-to-medium enterprises with employees primarily between 50 to 500 and annual revenue of between $1 million to $500 million.

The TEC Canada CEO Confidence Index Q4 2020 was conducted from September 15th, 2020 to September 30th, 2020, and had over 200 Canadian participants in the research.



About Dr. Peter Andersen

Dr. Peter Andersen is an inde­pendent consulting econo­mist specializing in economic forecasting. He obtained his doctorate in economics from Harvard University. Early in his career, he was Assistant Chief of the Bank of Canada’s Research Department where he advised the Governor and Bank of Canada management on economic conditions and the economic outlook.

Later as a partner with a national management consult­ing firm, Andersen was an economic consultant and advi­sor to a wide range of compa­nies. He has always empha­sized communication and the need to put economic analysis into terms that are useful for business decision-making.

Dr. Andersen also spent sever­al years with several major Bay Street investment dealer firms before founding Andersen Economic Research Inc. His clients are widely distributed across a broad range of corpo­rations and financial institutions throughout North America.

His objective is to act as a filter, separating the signals from the noise, in order to provide clients with the useful infor­mation that they really need. In his consulting practice, he provides strategic economic advice to senior management through boardroom meetings, video conferencing, email commentary, conference calls, and the monthly Andersen Economic Report.