Our City's Financial Professionals Discuss the Future of Canada

TORONTO, Oct. 2, 2015 /CNW/ - This year marked CFA Society Toronto's 58^th Annual Forecast Dinner at the Metro Toronto Convention Centre.  900 attendees from various industries, members of our city's investment community and their guests gather to recap on the financial predictions made for 2015 and to discuss global market trends and most importantly, their effects on our local economy.

This year's Annual Forecast Dinner was hosted by comedian Steve Patterson and views were shared by keynote speakers, including: Ed Clark, Chris Young, JD, CFA, and John Mauldin. 

Utilizing audience response devices, our city's financial experts made the following predictions for 2016:           

How do you think Ontario's economy will perform over the next year?
42% believe Ontario's economic performance for 2016 will be similar to 2015.  29% believe Ontario will be performing worse, and 28% believe it will be better. 

Will shareholder activism remain a significant factor impacting the corporate landscape?
62% believe that shareholder activism is a factor that will impact the corporate landscape.  For those who do not believe shareholder activism as a significant factor; 18% believed that it is too short-termist in nature, 11% believed that activism will decrease as the space becomes too crowded, and 9% believed that regulators will limit the powers of shareholder activism.  

Which is the greater risk to global growth?  
71% believe that a declining economy in China will have a greater impact on global growth, while 29% believe that another recession in Europe to be a greater risk.

About CFA Society Toronto
CFA Society Toronto supports the professional and business development of more than 8,500 CFA® charterholders in Toronto, making it the second largest CFA Society in the world. It provides members with a local perspective on a global designation, including: educational programs, sponsored events, job postings, quarterly newsletters, a comprehensive affinity program and networking opportunities. A not-for-profit organization, CFA Society Toronto is affiliated with CFA Institute, the global body that administers the Chartered Financial Analyst® curriculum and sets voluntary, ethics-based performance-reporting standards for the investment industry. CFA Society Toronto's members are leaders in ethics in the financial community. For more information, please refer to www.cfatoronto.ca.

Chartered Financial Analyst® and CFA® are registered trademarks owned by CFA Institute.

SOURCE CFA Society Toronto

Media contact: Jonathan Mai, Marketing & Communications Specialist, CFA Society Toronto, Tel: [phone] X 235, [email protected]