Business investment in Canada is about half what it is in the United States and is lower than in other OECD nations, says a new study.
“Investment per available worker lower in Canada than abroad tells us that businesses see less opportunity in Canada, and prefigures weaker growth in Canadian earnings and living standards than in other OECD countries,” said William Robson, one of the authors.Article content Canadian business investment also falls short of other peer nations. Projections show that Canadian workers will only see 73 cents of new capital for every dollar in other OECD nations, excluding the U.S., in 2022, said the study.
The fact that capital spending has not rebounded during this year’s oil boom reflects both a “hostile” regulatory environment and investors who are skeptical about the future of fossil fuels, said the report.
Trudeau destroyed business of Canada
Don't let the door hit your ass on the way out. Leave IStandWithCanada
Yeah, the conservative 'Question Mark' is really f'ng up everything. I'd question doing business here in light of the far right positioning themselves to create a christo-fascist theocracy too.
You should move there.
Really I thought the carbon tax was a way for companies to thrive in Canada . Or the crazy other taxes ? This must be a mistake
It's easy to see why. All the incentives for lenders, mostly banks, are stacked on the side of lending for real estate. Urgent need of reform to lending rules for Canada.
It’s simple, the risk/return equilibrium is out of balance. Current taxes are punitive and discourage investment in anything other than real estate. Why risk capital when if you’re right you pay 54% and if you’re wrong you lose 100%. Not rocket science.