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

Author

Listed:
  • Colin Busby

    (C.D. Howe Institute)

  • William P.B. Robson

    (C.D. Howe Institute)

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.

Suggested Citation

  • Colin Busby & William P.B. Robson, 2009. "Equipping Ourselves in Tough times: Canada's Improved Business Investment Performance," e-briefs 83, C.D. Howe Institute.
    • Handle: RePEc:cdh:ebrief:83
    as

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    References listed on IDEAS

    as
    1. Finn Poschmann, 2009. "Sales Tax Reform in Ontario: The time is Right," e-briefs 75, C.D. Howe Institute.
    2. Arthur J. Cockfield, 2008. "Finding Silver Linings in the Storm: An Evaluation of Recent Canada-US Crossborder Developments," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 272, September.
    3. Robin Banerjee & William B.P. Robson, 2007. "Give Canadian Workers the Tools to do the Job! Why Canada Needs More Robust Capital Investment," e-briefs 44, C.D. Howe Institute.
    4. Sala-i-Martin, Xavier, 1997. "I Just Ran Two Million Regressions," American Economic Review, American Economic Association, vol. 87(2), pages 178-183, May.
    5. 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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    Cited by:

    1. Colin Busby & William B.P. Robson & Pierre-Marcel Desjardins, 2009. "Stress Test: Demographic Pressures and Policy Options in Atlantic Canada," C.D. Howe Institute Backgrounder, C.D. Howe Institute, issue 120, November.
    2. Benjamin Dachis & William B.P. Robson & Nicholas Chesterley, 2014. "Capital Needed: Canada Needs More Robust Business Investment," e-briefs 179, C.D. Howe Institute.
    3. Thorsten V. Koeppl, 2009. "How Flexible Can Inflation Targeting Be? Suggestions for the Future of Canada's Targeting Regime," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 293, August.
    4. Benjaming Dachis & William B.P. Robson, 2013. "Equipping Canadian Workers: Business Investment Loses a Step against Competitors Abroad," e-briefs 167, C.D. Howe Institute.
    5. Pierre L. Siklos, 2009. "As Good As It Gets? The International Dimension to Canada's Monetary Policy Strategy Choices," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 292, July.
    6. Colin Busby & William B.P. Robson, 2010. "Disarmed and Disadvantaged: Canada’s Workers Need More Physical Capital to Confront the Productivity Challenge," e-briefs 107, C.D. Howe Institute.
    7. Gretchen Van Riesen, 2009. "The Pension Tangle: Achieving Greater Uniformity of Pension Legislation and Regulation in Canada," C.D. Howe Institute Commentary, C.D. Howe Institute, issue 294, August.

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    More about this item

    Keywords

    economic growth and innovation; business investment; capital investment;
    All these keywords.

    JEL classification:

    • E2 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment
    • E22 - Macroeconomics and Monetary Economics - - Consumption, Saving, Production, Employment, and Investment - - - Investment; Capital; Intangible Capital; Capacity
    • O51 - Economic Development, Innovation, Technological Change, and Growth - - Economywide Country Studies - - - U.S.; Canada

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