Fraser Institute —
A new study shows Canada is experiencing a significant loss of investment, and it isn’t in just the oil and gas industry. In “Industry-Level Private Sector Capital Expenditures in Canada: 1990-2019,” they write, “The country’s recent weak investment performance, especially in machinery and equipment plus intellectual property products, which is so critical to improving productivity, augurs poorly for future productivity growth in Canada’s private sector and underscores the urgency of tax and regulatory reforms to strengthen incentives for investment and entrepreneurship in Canada’s business sector.” Good job, government. Good planning, Trudeau Libs.
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