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Managing the Downturn

A new CFERF Executive Research Report titled Managing the Downturn: Key Strategies in Sustained Growth was released on June 17, sponsored by Ernst & Young. The study revealed that a majority of companies will see revenue either grow or remain unchanged for 2009. The results show companies across Canada have intensified their focus on cash management, with 75% of respondents indicating that they are more focused on cash management issues now than they were at the same time last year. This was true for almost 80% of private companies and 71% of public companies.

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