Equipping Canadian Workers: Business Investment Loses a Step against Competitors Abroad

After several years of relatively robust performance, Canada is lagging its peers in business investment growth, according to a new report by the C.D. Howe institute. In “Equipping Canadian Workers: Business Investment Loses a Step against Competitors Abroad,” authors Benjamin Dachis and William B.P. Robson find 2013 growth in new private-sector plant and equipment spending per worker in Canada seems likely to lag investment abroad, with strength in the more natural-resource-oriented provinces offset by weakness in Central Canada and the Maritimes.