Program spending is set to grow again by 1.8 per cent this year.
foreign direct investment
The Trudeau government has raised taxes on upper earners, created mass uncertainty with its carbon-pricing scheme, and run huge budget deficits.
In 2017, the balance of Canada’s FDI account was about minus $4 billion.
The decline in foreign direct investment since 2007 totals an almost unimaginable 74.9 per cent.
Statistics Canada’s latest survey on investment intentions for 2018 found that private-sector investment is slated to fall again this year.
Private-sector investment in factories and other structures down more than 23 per cent.
Foreign direct investment in Canada was $31.5 billion in 2017—down 56.0 per cent since 2013.
Foreign direct investment in Canada has dropped 56 per cent since 2013.