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For almost a year, the Bank of Canada has been expecting key pieces of the economy to fall into place. Unfortunately, this hasn’t happened. Instead of the long-anticipated rebound in exports and business investment, growth has been low as every forecast, whether for Canada or globally, failed to deliver as advertised. “Right now, we do
The Canadian economy as a whole urgently needs increased business spending. Unfortunately, according to a C.D. Howe Institute report the amount of business investment happening varies widely across Canada’s provinces, helping drive robust growth in some provinces while barely outpacing public spending in others,. The imbalance is another indicator of the growing gap between Canada’s
