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Next federal government should spur business investment to help raise living standards
A majority of industries in Canada reduced investments in machinery, equipment and intellectual property products. ...
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Industry-Level Private Sector Capital Expenditures in Canada: 1990-2019
Recent concerns about Canada’s industrial competitiveness compared to that in other developed countries, particularly the US, have focused on declines in private sector capital expenditures, especially in asset categories such as machinery and ...
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Canada does not need a modern ‘Marshall Plan’ after COVID
In the coming months, the federal government will receive numerous suggestions for how to kickstart the economy after the COVID crisis passes. One such suggestion from Jim Stanford, former chief economist for the Canadian Auto Workers ...
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Dramatic drop in capital expenditures threatens Canada’s economic prosperity
Appeared in the Brandon Sun, July 11, 2019 The federal government’s recent approval of the Trans Mountain pipeline expansion is a welcome sign that the Trudeau Liberals recognize the country’s deteriorating investment environment, particularly in the ...
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Canadian policymakers should learn from Trump's supply-side success
Appeared in the Globe and Mail, January 16, 2019 The election of President Trump and a Republican Congress in 2016 spurred another experiment in supply-side economics, which should interest policymakers in Ottawa and the provinces. Specifically, Congress ...