Canada’s economic growth slowest since the 1930s; economic environment not conducive to investment or innovation

Canada’s Faltering Business Dynamism and Lagging Innovation


TORONTO—Economic growth and business investment in Canada have been faltering, which has severely weakened the country’s ability to encourage innovation or new business start-ups, finds a new study released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank. “Canada’s sluggish economic growth in the years before the pandemic reflects a lack of innovation and weak productivity growth,” said Philip Cross, senior fellow at the Fraser Institute and author of Canada’s Faltering Business Dynamism and Lagging Innovation.\
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