Investment in Canada’s Industrial Sector Drops to Lowest Level on Record: Bank Report

Investment in Canada’s Industrial Sector Drops to Lowest Level on Record: Bank Report
Workers position pipe during construction of the Trans Mountain pipeline expansion in Abbotsford, B.C., on May 3, 2023. The Canadian Press/Darryl Dyck
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Real investment in industrial machinery and equipment in Canada has dropped to the lowest level on record, according to a new report by the National Bank of Canada (NBC).

In its report released Sept. 12, NBC looked at the latest national accounts data for the second quarter of 2025, and found that Canada’s investment in industrial machinery and equipment has fallen below any level on record, which dates back to 1981.