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C-Suite Quarterly Survey: Canada’s Foremost CEOs Assess Threat of Cyber-Attacks, Canadian Trade with China, and Canada’s Economy

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TORONTO(October 20, 2014) – Commissioned by Business News Network (BNN) and The Globe and Mail’s Report onBusiness, results from today’s release of the 36thC-Suite Quarterly survey reveal that improving cyber-security has become increasingly important for Canada’s top executives. Of those polled, 60% of executives report they have increased investment to protect their companies against the threat of cyber-attack, with 49% of executives also noting high-profile cyber-attacks aimed at consumers have increased concerns surrounding data security. The C-Suite Quarterly survey is designed to enrich public debate in Canada and help Canadians better understand the views of executives in the country’s biggest companies.

To coincide with today’s release of the survey results, BNN taps Canada’s top business professionals to offer their opinions on this quarter’s findings. BNN’s in-depth analysis of the latest edition of the survey includes exclusive interviews with David Herle, Principal of The Gandalf Group, and Willy Kruh, Partner, KPMG. BNN delivers these interviews and further analysis to viewers on THE STREET at 7:50 a.m.ET, BUSINESS DAY AMat 11:15 a.m.ET, THE BUSINESS NEWS at 12:20 p.m.ET, and BUSINESS DAY PM at 2:20 p.m. ET and at 4:20 p.m. ET.BNN’s complete review of the findings are available online post-broadcast at BNN.ca.

Key findings of the 36th C-Suite Quarterly survey include:

·       28% of executives surveyed report that their businesses have already been a victim of one or more cyber-attacks.

·       74% of executives surveyed believe that more open trade and investment between Canada and China will result in a positive impact on their sector.

·       Two-thirds of respondents state that Canada should place a top priority on opening up trade and investment with China.

·       87% of executives polled expect moderate growth from the Canadian economy over the next 12 months.

The C-Suite Quarterly survey is conducted by The Gandalf Group and sponsored by KPMG.

AboutBNN BNN – Business News Network is Canada’s only English-language television and digital service devoted to helping Canadians invest, build their businesses, and protect their family’s financial well-being. Along with 12 hours of market coverage, regular news updates, and direct access to the country’s top financial minds, the network features the only televised stock ticker with real-time data from the TSX, NYSE, and NASDAQ. Celebrating its milestone 15th year, BNN delivers real-time content across market-leading digital platforms including up-to-the-minute business news, newsmaker interviews, and stock market analyses online at BNN.ca. Listen to BNN live every weekday on SiriusXM entertainment channel Canada Talks (167) at 9 a.m., noon, and 6 p.m.ET, and catch BNN business news reports in syndication on Bell Media Radio and other participating radio stations. BNN is a division of Bell Media, which is part of BCE Inc. (TSX, NYSE: BCE), Canada’s largest communications company.

AboutThe Gandalf Group

The Gandalf Group is an opinion research and communications consulting firm. The firm’s principals are nationally recognized leaders in research and communications strategy, providing advice to businesses, industry associations, public sector agencies and media outlets. The Gandalf Group has been conducting quarterly editions of the C-Suite survey on behalf of KPMG, The Globe and Mail‘s Report on Business and BNN since 2006. Past editions of reports on survey findings are available at GandalfGroup.ca.

AboutKPMG

KPMG LLP, the audit, tax and advisory firm (kpmg.ca), a Canadian limited liability partnership established under the laws of Ontario, is the Canadian member firm of KPMG International Cooperative (“KPMGInternational”). KPMG International’s member firms have 140,000 professionals, including more than 7,900 partners, in 146 countries. The independent member firms of the KPMG network are affiliated with KPMG International, a Swiss entity. Each KPMG firm is a legally distinct and separate entity, and describes itself as such.

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For more information, please contact:

Jon-RossGabriel, Bell Media, 416.384.6836 or jon-ross.gabriel@bellmedia.ca

Julie MacFarlane, Bell Media, 416.384.4623 or julie.macfarlane@bellmedia.ca
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