Business

Opinion: Time to break the glass on Canada’s investment emergency

By Special To Financial Post

Copyright financialpost

Opinion: Time to break the glass on Canada’s investment emergency

The gap then narrowed. By 2008, business investment in M&E stood at $7,000 per U.S. worker versus $4,400 here. So Canadian workers were getting 63 cents per dollar compared to their American counterparts. But since then the gap has widened ominously. In the second quarter of this year, U.S. M&E investment was at an annual rate of nearly $12,800 per worker, while Canadian was $4,100 — down to just 32 cents on the dollar.