In 2019, nearly $35 billion in investment left the country.
foreign direct investment
Non-Canadian airlines are prohibited from carrying passengers between Canadian cities.
Canada’s share of inward FDI to the OECD in 2018 was 1.6 percentage points below its average annual share for 2012-2014.
Program spending is set to grow again by 1.8 per cent this year.
The Trudeau government has raised taxes on upper earners, created mass uncertainty with its carbon-pricing scheme, and run huge budget deficits.
In 2017, the balance of Canada’s FDI account was about minus $4 billion.
The decline in foreign direct investment since 2007 totals an almost unimaginable 74.9 per cent.
Statistics Canada’s latest survey on investment intentions for 2018 found that private-sector investment is slated to fall again this year.