Canada’s Lag in Business Investment Foreshadows Lower Worker Incomes: Report

Canada’s Lag in Business Investment Foreshadows Lower Worker Incomes: Report
The financial district is reflected on a window in the Toronto Dominion Centre in downtown Toronto on June 27, 2018. The Canadian Press/Tijana Martin
Isaac Teo
Updated:

Canadian workers may be heading toward a slower rise in income and living standards unless public policy steps in to help, as an analysis of Canada’s business investment per worker since the 1990s shows signs of a “troubling outlook,” suggests a report by the C.D. Howe Institute.

“Declining Vital Signs: Canada’s Investment Crisis” examines recent figures on Canada’s stock of capital per worker and new investment and makes comparisons with the situations in the United States and other Organisation for Economic Co-operation and Development (OECD) countries.