9 results found for jacobs
Op-Ed
What’s the bad-news Canadian economic story of 2015? The collapse in oil prices is hammering activity in the West. Even worse is how retrenchment in the oil patch, which had boosted national business investment after the 2008-09 slump, is revealing woefully weak capital spending elsewhere in the country.
In a modern economy, prosperity depends vitally on capital spending by businesses. When…
Op-Ed
Business investment in Canada is weak. The 2017 federal budget highlighted how it is lagging the rest of the economy. Bank of Canada Governor Stephen Poloz and his colleagues have expressed concerns. A few weeks ago, Deputy Governor Larry Schembri emphasized the importance of business spending on new plant, equipment and intellectual property for growth in the short run, and for the capital stock…
Op-Ed
Which is the most innovative city in Canada?
You might be surprised to know that Calgary has now taken the lead on that front, as measured by one of the most common ways of gauging innovation — patents.
Calgary has now surpassed the likes of Ottawa and Waterloo in terms of patents per capita. And yet, the Alberta city's rise has happened without the fanfare that accompanied the ascent of the…