Weak business investment in technologies compared to the U.S. hindering improvements in living standards
Comparing the Investment Performances of Canada and the United States Over the Past Five Decades
By Fraser Institute —— Bio and Archives--July 12, 2024
Canadian News, Opinion | Comments | Back To Full Article
VANCOUVER—Over the past decade, weak business investment in technologies that increase worker productivity is stifling Canada’s economic growth and suppressing improvements in Canadian living standards, finds a new study published today by the Fraser Institute, an independent non-partisan Canadian think-tank.
“Weak business investment in technologies like IT and research and development, which help Canadian workers be more productive impedes improvements in Canadian living standards,” said Steven Globerman, senior fellow at the Fraser Institute and co-author of Comparing the Investment Performances of Canada and the United States Over the Past Five Decades.
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