On the investment front, officials said that while the United States is seeing business investment that’s three per cent above pre-pandemic levels, Canada is still nearly two per cent below 2020 levels.
It certainly feels like the government has pivoted — it has doubled the national debt in seven years but is now projecting a budget surplus; it has ignored competitiveness and business investment for most of its time in office but now acknowledges it as “Canada’s economic Achilles heel.”
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