Capital Investment in Canada

In this regard, it is possible that 6. The source of the data underlying our calculations the slower rate of growth of GFCF in Canada of percentage changes in GFCF is OECD Data, In- vestment (GFCF). [...] Furthermore, likely to be primarily the result of a slower rate Canada’s GDP growth from 2010 to 2015 about of growth of economic activity in Canada com- equaled that of the OECD countries and from pared to the US or to the other OECD coun- 2015 to 2016 was only modestly below that of tries. [...] To the extent that corporate investment erage annual value of the share of corporate accounted for a smaller share of GFCF in Can- investment in GFCF for each of the periods ada in recent years, the slower growth of GFCF shown. [...] Prior sector’s share of GFCF in Canada should be to 2005, corporate investment as a share of matched by relative increases in the shares of GFCF in Canada was higher than in the US GFCF contributed by households and/or gov- and Australia in the majority of the sub-peri- ernments. [...] The post-2008 housing ever, it is clear that the environment for busi- bubble burst in the United States and Australia ness investment in Canada in recent years has is identifiable by the substantial decline in the been substantially less favourable than the envi- household sector’s share of GFCF post-2005 in ronment for household investment, particularly those two countries.