Canada faces a dangerous tipping point on its economy

We are not developing the kind of industries—and hence the kind of jobs, productivity, and wealth—we need to preserve, sustain and improve the kind of country we want.

Minister of Innovation, Science and Industry François-Philippe Champagne speaks with reporters outside the Liberal caucus meeting in the West Block on May 8, 2024.The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

May 27, 2024

TORONTO—In the first three months of this year, Canadians invested $51.5-billion in foreign securities, with a record $35.6-billion in March alone. According to Statistics Canada, this included $14.1-billion in shares of foreign companies, mainly big American tech firms.�...

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