Canada has the fifth-highest level of total government debt among 29 industrialized countries.
Government officials face very different incentives than people in the private sector.
A majority of industries in Canada reduced investments in machinery, equipment and intellectual property products.
Between 2016 and 2019, per-person GDP grew at an average annual rate of only 0.8 per cent.
For the 45 research projects approved, almost $100 million had been committed but not necessarily spent.
On the broadest measure of investment, the Trudeau government experienced an average annual decline of 0.2 per cent before the 2020 recession.
Investment is key for economic growth, job creation and living standards for Canadians and their families.
The legislation includes subjective criteria including the “social impact” of energy investment and its “gender implications."