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Trudeau government's economic update does little to improve Canadian competitiveness
Appeared in the Financial Post, November 22, 2018 Federal Finance Minister Bill Morneau (pictured above) unveiled the Trudeau government’s economic update on Wednesday, which it had signaled would include measures to address Canada’s lack of ...
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Canada has fallen asleep and must wake up—fast
Appeared in the National Newswatch, November 19, 2018 In the classic Aesop's Fable, a slow-moving tortoise challenges a self-assured hare to a race. Immediately, the hare jumps out in front and becomes overconfident. He naps halfway through the race ...
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The Flight of Capital From Canada
A host of economic measures indicate that Canada continues to underperform when it comes to business investment, which is crucial for improving living standards and generating prosperity, according to recent research published by the Fraser Institute, an ...
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Premier Notley, capital follows path of least resistance
Appeared in the Edmonton Sun, November 14, 2018 Capital follows the path of least resistance. And increasingly, that pathway is south. Geoffrey Morgan recently in the Financial Post quoted Enerplus CEO Ian Dundas saying “We’ve transitioned our business ...
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Ford government faces three-pronged threat to Ontario’s competitiveness
Appeared in the Toronto Sun, November 7, 2018 On the campaign trail, Doug Ford promised that, if elected, he’d bring business investment back to Ontario. This is exactly what the new government should focus on—but it’s easier said than done. Ontario must ...
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Ottawa must act to help restore Canadian competiveness
Appeared in the Winnipeg Sun, October 29, 2018 As the fall economic update from the Trudeau government quickly approaches, there’s increasing anxiousness with respect to what, if any, measures the government will introduce to improve competitiveness, ...
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Wake up—Canada has a business investment crisis
Appeared in the National Newswatch, October 24, 2018 Capital investment is the lifeblood of economic growth and, therefore, of higher living standards. Increased capital, both tangible (machinery, equipment) and intangible (software, for example), boosts ...
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Capital Investment in Canada: An International Comparison
Capital investment contributes to economic growth and higher standards of living through its link to increased labour productivity and technological change. The growth rate of overall capital expenditures in Canada slowed substantially from 2005 ...
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How to bring investment back to Ontario
Appeared in the Ottawa Sun, September 19, 2018 The start of a new government’s term in office represents a window of opportunity to address pressing problems. In Ontario, Premier Doug Ford’s still-new Progressive Conservative government has many ...
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Capital Investment in Canada: Recent Behaviour and Implications
The growth of overall capital investment in Canada slowed substantially from 2005-2017 compared to earlier periods—and was lower than in virtually any period since 1970. Further, the share of business investment in total capital investment ...