Canada has experienced a sharp decline in business investment per worker over the past decade, in stark contrast to gains in the United States, highlighting a deepening productivity crisis north of the border, a new study suggests.
Inflation-adjusted business investment per Canadian worker fell 18.8 percent from $20,310 in 2014 to $16,493 in 2024, according to findings from the Fraser Institute’s latest study. The United States’s equivalent surged 31.3 percent from $23,263 to $30,555 over the same decade.
The think tank’s study examined business investment per worker from 2007 onward but focused on the 2014–2024 period, when the gap between Canada and the United States widened most sharply….