Tag: Forecasts

U.S. Firms Revamp Bonus Strategies as Pandemic Upends Forecasts

Businesses are revising their designs for bonuses and other incentive payment as the coronavirus pandemic upended economical forecasts and executives managed via a after-in-a-life span economic downturn.

The pandemic has experienced a disparate result on companies’ harmony sheets, leading to soaring earnings in some industries, these types of as on the internet retail and groceries, and steep losses in other folks, for case in point hospitality and vacation.

More than a quarter of massive U.S. companies initially lessened govt salaries in the spring, in accordance to Equilar Inc., a info supplier. The cuts, at providers together with

Walt Disney Co.

,

General Motors Co.

and

United Airlines Holdings Inc.,

marked a reversal adhering to several several years of wage will increase in the C-suite. But they had been short-term, as a lot of providers restored supervisor salaries in the latest months.

Now, as businesses are having completely ready to spend

The Convention Board of Canada Forecasts Economic Expansion In 2021 And 2022

Ottawa, Ontario, Jan. 12, 2021 — The Meeting Board of Canada has produced its two-year financial outlook and forecasts that real gross domestic merchandise (GDP) will increase 5.3 for every cent in 2021 and 3.5 per cent in 2022 respectively.

The growth forecasts for the following two yrs adhere to an believed financial contraction of 5.3 per cent in 2020, 1 of the deepest recessions in modern instances. Going forward, the energy of Canada’s financial recovery will mostly depend on the thriving distribution of vaccines from COVID-19.

“The information that harmless and effective vaccines towards COVID-19 have started to be dispersed has provided optimism that the pandemic could before long be overwhelmed,” suggests Pedro Antunes, Chief Economist at The Conference Board of Canada. “A effective rollout of vaccines will persuade Canadian households to expend some of what they’ve amassed in financial savings more than the past calendar year, which will

The Convention Board of Canada Forecasts Economic Growth In 2021 And 2022

Ottawa, Ontario, Jan. 12, 2021 (World NEWSWIRE) — The Convention Board of Canada has released its two-calendar year economic outlook and forecasts that true gross domestic solution (GDP) will grow 5.3 for every cent in 2021 and 3.5 for every cent in 2022 respectively.

The development forecasts for the subsequent two several years comply with an approximated economic contraction of 5.3 for every cent in 2020, one particular of the deepest recessions in contemporary periods. Going forward, the toughness of Canada’s economic restoration will largely rely on the successful distribution of vaccines against COVID-19.

“The information that protected and effective vaccines versus COVID-19 have started to be dispersed has delivered optimism that the pandemic could quickly be beaten,” claims Pedro Antunes, Chief Economist at The Meeting Board of Canada. “A successful rollout of vaccines will motivate Canadian households to commit some of what they have amassed in discounts around the

The Conference Board of Canada Forecasts Economic Growth In 2021 And 2022 – Press Release

Ottawa, Ontario, Jan. 12, 2021 (GLOBE NEWSWIRE) — The Conference Board of Canada has released its two-year economic outlook and forecasts that real gross domestic product (GDP) will grow 5.3 per cent in 2021 and 3.5 per cent in 2022 respectively.

The growth forecasts for the next two years follow an estimated economic contraction of 5.3 per cent in 2020, one of the deepest recessions in modern times. Going forward, the strength of Canada’s economic recovery will largely depend on the successful distribution of vaccines against COVID-19.

“The news that safe and effective vaccines against COVID-19 have begun to be distributed has provided optimism that the pandemic could soon be beaten,” says Pedro Antunes, Chief Economist at The Conference Board of Canada. “A successful rollout of vaccines will encourage Canadian households to spend some of what they’ve amassed in savings over the past year, which will help bolster the economy.”

Conference Board Of Canada Forecasts GDP Growth Of 5.3% In 2021


The Conference Board of Canada has released its two-year economic outlook and forecasts that real gross domestic product (GDP) will grow 5.3% in 2021 and 3.5% in 2022 respectively.

The growth forecasts for the next two years follow an estimated economic contraction of 5.3% in 2020, one of the deepest recessions in Canadian history. Going forward, the strength of Canada’s economic recovery will largely depend on the successful distribution of vaccines against COVID-19.

“The news that safe and effective vaccines against COVID-19 have begun to be distributed has provided optimism that the pandemic could soon be beaten,” said Pedro Antunes, Chief Economist at The Conference Board of Canada, in a news release. “A successful rollout of vaccines will encourage Canadian households to spend some of what they’ve amassed in savings over the past year, which will help bolster the economy.”

Household finances in Canada are