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Equipping Ourselves in Tough times: Canada's Improved Business Investment Performance

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Author Info

  • Colin Busby

    (C.D. Howe Institute)

  • William P.B. Robson

    (C.D. Howe Institute)

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    Abstract

    After trailing the average performance of G7 countries for 15 years, Canada’s relative business investment performance stands out in a promising light for 2009 and 2010. Amid the recession, new capital spending on tools for workers, in the form of machinery, equipment or buildings, has held up better in Canada than in many other countries, and particularly the United States. Investment per worker in Canada for 2010 should surpass that in other G7 and OECD countries.

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    File URL: http://www.cdhowe.org/pdf/ebrief_83.pdf
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    Bibliographic Info

    Paper provided by C.D. Howe Institute in its series e-briefs with number 83.

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    Length: 5 pages
    Date of creation: Jul 2009
    Date of revision:
    Publication status: Published on the C.D. Howe Institute website, July 2009
    Handle: RePEc:cdh:ebrief:83

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    Keywords: economic growth and innovation; business investment; capital investment;

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    1. Sala-i-Martin, Xavier, 1997. "I Just Ran Two Million Regressions," American Economic Review, American Economic Association, vol. 87(2), pages 178-83, May.
    2. Michael Smart, 2007. "Lessons in Harmony: What Experience in the Atlantic Provinces Shows About the Benefits of a Harmonized Sales Tax," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 253, July.
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