Investment in fixed capital has been weak in Canada since the mid-2000s. The ratio of investment to net capital stock and investment per worker declined after 2006, especially after 2014. As a result of this investment slowdown, the growth in labour productivity declined after 2006. This paper examines the sources of this weakness in capital … Continue reading
Foreign direct investment in the United States from China hit a record high through the first nine months of 2012 despite election-year rhetoric against the country and a congressional report casting national-security suspicions on two Chinese tech companies. During this year’s first three quarters, Chinese enterprises poured $6.3 billion in FDI in the US, according … Continue reading
GM Canada is investing $850 million in research and development at its complex east of Toronto, an announcement hailed by the prime minister as proof of the automaker’s commitment to Canada, as it makes good on its bailout commitments, but regarded cautiously by auto workers. The investment Tuesday came on the same day a rival … Continue reading