Graphic Intelligence

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Graph of the Week: Business Investment Per Worker Falls 23 Percent Below 2014 Peak

Business investment is essential to productivity, wages and Canadians’ living standards. Alarmingly, investment has lagged growth in the workforce for a decade. Another fall in the third quarter of 2024 left real investment per available worker 23 percent below its 2014 peak. A two-month GST “holiday” is the latest example of fiscal policies that boost consumption at the expense of investment, undermining Canada’s growth.

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