Why we have a terribly imbalanced economy

Canadians now have the highest household debt relative to household income in the G7, and one of the poorest performances in innovation and productivity in its business sector. The two are linked.

Pedestrians cross Queen Street in downtown Ottawa on Feb. 5, 2024. A Statistics Canada report found that investment per worker by Canadian businesses declined by about 20 per cent between 2006 and 2021, writes David Crane.The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

March 4, 2024

TORONTO—Despite tax cuts, tax incentives, and significantly increased government subsidies, “business investment (non-residential structures and machinery and equipment) has not made an important contribution to growth in the last decade," Statistics Canada tells us in ...

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