Graph of the Week is a new series from the C.D. Howe Institute's Graphic Intelligence that presents valuable and easily digestible data. Each Monday we unveil one new captivating chart or graph with interesting insights, explaining it in two-to-three sentences. Dive into the data with us.
Business investment in capital other than housing – buildings and engineering structures, machinery and equipment (M&E), and intellectual property (IP) products – equips workers to be more productive, compete, and earn higher wages. Historically a key driver of rising Canadian living standards, investment per worker peaked a decade ago. Since then, it has been so weak that capital per worker is falling – no recipe for competitiveness and prosperity.
