Canada’s business investment per worker dropped sharply from 87.3% of the US level in 2014 to 54.0% in 2024, as noted by PR Newswire Canada.
Economists blame elevated mortgage rates in the 3s that caused the drop.
Philip Cross warned that investor confidence is still ‘low’ after Trudeau’s tenure.
Conrad Black urged Canada to spurn American disrespect despite recent US tariffs.
These pressures add to issues for local companies.
Cadillac Mines Canada intends an IPO for 2026, however business outlook is still tense under mounting trade and financial pressures.