Opinion: Steep drop in business investment is bad news for Canadians

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Investment per worker fell 20% between 2014 and 2021 while it was rising in the United States

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In recent years, economists have warned of Canada’s weak business investment, particularly compared to the United States. Business investment provides workers with the tools and technologies to produce more and better goods and services. And as firms become more efficient, improve productivity and increase profits, they’re able to pay higher wages. Business investment is therefore key to higher incomes and living standards.

 

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