Canada’s unemployment rate in August rose to six per cent with Ontario leading the way, losing about 80,000 jobs.
The decline in foreign direct investment since 2007 totals an almost unimaginable 74.9 per cent.
Capital investment in Canada’s oil and gas sector declined by an estimated 44 per cent from 2014 to 2017.
With this week’s resignation of Gary Cohn, President Trump’s mercantilist trade advisors are on the ascent.
Statistics Canada released its latest survey results on investment intentions for 2018.
Four provinces have increased their general corporate tax rates over the last three years, including B.C. and Alberta.
As a share of GDP, business investment in Canada stands around 11 per cent.
From 2015 to 2017, Canada ranked second lowest among 17 comparable countries in annual investment as a percentage of GDP.
Sluggish private-sector capital investment in the U.S. is bad news for Canada due to the close trade ties between the countries.