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."
B.C. has seen relatively low levels of capital investment in productivity-enhancing assets.
The relative size of government in Canada is well beyond the “optimal” size for promoting productivity growth.