Canadian Business Investment ‘Significantly’ Lower Compared to US, Study Finds

Canadian Business Investment ‘Significantly’ Lower Compared to US, Study Finds
A view of Syncrude’s mine site north of Fort McMurray, Alta., in a file photo. Cole Burston/AFP/Getty Images
Matthew Horwood
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The gap between Canadian and U.S. business investment per worker “widened significantly” after 2014, with Canada seeing a $43.7 billion decline in total annual business investment between 2014 and 2021, according to a new report by the Fraser Institute.

“Economists have warned of Canada’s weak business investment, particularly compared to the United States. This should concern Canadians as strong busi­ness investment is key to higher incomes, greater economic prosperity, and improved living standards,” states the report, released on June 29, in its main conclusions.