Canadian business investment per worker plummeted by 20 per cent over a 15-year stretch, according to new Statistics Canada research that suggests weaker competition is partly to blame.
The report finds for every worker, businesses invested $628.80 less in their companies in 2021 than they did in 2006.
The decline was more significant in large and medium-sized companies and foreign-controlled businesses, though it’s unclear why that was the case.
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