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September 13, 2018

Weak business investment is a threat to Canada’s future prosperity, according to a new report published by the C.D. Howe Institute. In “Tooling up: Canada Needs More Robust Capital Investment,” authors William B.P. Robson, Jeremy Kronick, and Jacob Kim find business investment in Canada has slipped badly relative to the United States and other countries since mid-decade, and the outlook remains weak for 2018.

*Note to Readers: This is an updated version of the Commentary with a corrected Figure 9.

William Robson

Bill Robson took office as CEO of the C.D. Howe Institute in July 2006, after serving as the Institute’s Senior Vice President since 2003 and Director of Research from 2000 to 2003. He has written more than 260 monographs, articles, chapters and books on such subjects as government budgets, pensions, healthcare financing, inflation and currency issues.

Jeremy Kronick

Jeremy M. Kronick is Director, Monetary and Financial Services Research at the C.D. Howe Institute, where he is in charge of the financial services and monetary policy research programs. 

Jacob Kim

Jacob Kim is a Researcher at the C.D. Howe Institute. As Researcher, Jacob provides support for research projects at various levels. He works extensively with data: collecting, preparing, analyzing, and visualizing data for empirical studies.