Friday , January 15 2021

Quebec City region business leaders enter 2021 with resilience

Businesses in the Quebec City region are more optimistic than in 2020, but they remain realistic about their expectations for 2021.

• Read also: A return to pre-pandemic GDP in 2022, predicts Fitzgibbon

• Read also: COVID-19: record of infections in the workplace

According to a survey of 453 managers and business executives in the Capitale-Nationale from November 23 to December 11, 2020, the degree of optimism regarding the economic situation in their sector of activity was 63.8 on an index of 100.

For comparison, in 2017 this index peaked in the region at 77.4. When taking a look at 2020, companies only give a score of 60.4 in their assessment of the economic situation.

“Obviously, we lost points, but it’s far from being a disaster,” said Cyntia Darisse, vice-president, Quebec office, for Léger.

“Business leaders remain cautious about 2021, but at the same time, they make an overall more positive assessment than in 2020,” she added.

Some industries have fared better than others last year in the region. This is the case for insurance, finance, life sciences, agribusiness, information technology and the video game industry which have seen a sustained level of their activities, according to Carl Viel, president. -director general of Quebec International.

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