Monthly Archives: January 2018

Boosting Flagging Business Investment (IIAC Blog)

Boosting Flagging Business Investment (IIAC Blog)

On the surface, Canada’s economy seems to be doing well. Yet, there is one area of persistent weakness that weighs on policy makers – private sector capital formation. Canada is well down on the list of OECD countries when it comes to business spending as a share of GDP.

Businesses investment in physical capital (especially machinery and equipment) matters critically for productivity growth. It spurs innovation, efficiency gains and increased competitiveness.

In my January Letter from the President, I outline some reasons as to why businesses may be underinvesting and propose some policy initiatives to boost … Continue reading

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Canada’s Investment Industry Faces. Nominate someone from your firm. (IIAC Blog)

Canada’s Investment Industry Faces. Nominate someone from your firm. (IIAC Blog)

Canada’s investment industry employs approximately 40,000 people from all walks of life and virtually every region of the country. Many of these individuals work in areas like IT, marketing, back office support and administration. They play essential roles in ensuring their firms efficiently and cost-effectively deliver a full range of services to investors, businesses and governments.

To call much-deserved attention to their dedication, achievements and community service efforts, the IIAC has a dedicated section on its website featuring the profiles of individuals working in these, and similar capacities.

If you would like to … Continue reading

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Speech – Outlook for Risks to Capital Markets (IIAC Blog)

Speech – Outlook for Risks to Capital Markets (IIAC Blog)

Yesterday, I participated in the Empire Club of Canada Annual Investment Outlook Luncheon and gave remarks on the Outlook for Risks to Capital Markets. While we look for another year of relatively healthy growth in the global economy, new risks and vulnerabilities have emerged in global capital markets. First, the fragmentation of international regulation is a real concern as it impairs market efficiency, and cross-border capital and investment flows. Second, markets have shown a disturbing trend for liquidity to evaporate in times of stress, when needed the most. Third, stock indices have become more and more … Continue reading

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