Canadian chief executives are exhaling after years of economic turbulence, reporting growing optimism about the economy and the outlook for their businesses.

A survey of 1,300 global CEOs, including 120 in Canada, shows Canadian executives are more confident than they were a year ago, and are significantly more confident than many of their global counterparts.

The survey, conducted by PricewaterhouseCoopers LLC and released Tuesday at the World Economic Forum in Davos, found 42 percent of Canadian CEOs are “very confident” about their company’s prospects in the next 12 months, compared to 36 percent globally, and an even larger 60 percent are “very confident” about growth in the next three years compared to 46 percent globally.

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