In this article from The Canadian Press, Mahmood Nanji, Policy Fellow, discusses Canada’s longstanding business investment shortfall as Prime Minister Mark Carney convenes the country’s first national investment summit, aimed at attracting capital for major projects and catalyzing $1 trillion in investment over five years.
Nanji argues that weak business investment has contributed to Canada’s productivity and growth challenges, while a shifting political environment could make it easier to advance major projects. He also points to opportunities to use new infrastructure, including ports, pipelines and critical minerals projects, to expand Canadian exports beyond the U.S. market.