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.