Business investment in Canada is picking up relative to its international peers, but underlying problems remain, according to a report released by the C.D. Howe Institute. In “From Living Well to Working Well: Raising Canada’s Performance in Non-residential Investment,” authors Benjamin Dachis and William B.P. Robson identify widely divergent performances by provinces and a surge in the flow of funds to the residential sector away from the non-residential sector as problems to be addressed by policy reforms. “Policies that enhance competition and remove biases against non-residential investment could boost capital spending by businesses and improve Canadian workers’ prospects for higher incomes,” said Benjamin Dachis, Senior Policy Analyst.
