The Trudeau government sees the government itself as the driver of prosperity, and the private sector, including entrepreneurs, small business owners and investors playing a secondary role.
Investment in machinery, equipment, factories, intellectual property and other assets declined by 17.3 per cent.
More than $185 billion in net investment left the country from 2014 to 2019.
The Trump administration has repeatedly promoted mercantilist industrial policy.
More than 60 per cent of families in the bottom 20 per cent pay higher income taxes today because of the discontinued tax credits.
Blog series part 2—Incomes, overall income economy grew more slowly under Liberals than before 2008-09 recession
Excluding residential investment, business investment dropped 17.3 per cent.
The Chrétien and Martin Liberals reduced the capital gains inclusion rate from 75 per cent to 50 per cent.