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Disarmed and Disadvantaged: Canada’s Workers Need More Physical Capital to Confront the Productivity Challenge

Colin Busby and William Robson
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Colin Busby: C.D. Howe Institute

No 107, e-briefs from C.D. Howe Institute

Abstract: Canadian workers have enjoyed less robust investment in plant and equipment than their counterparts in the United States and other major developed countries over the past 15 years. And notwithstanding Canada’s relative economic resilience through the recent slump, the per-worker investment gap vis-à-vis other countries appears to have widened. The authors say if this pattern continues, Canadian businesses will continue equipping their workers less well than those in other countries, a setback in the quest for rising living standards in the coming expansion.

Keywords: Economic Growth and Innovation; Canadian workers; business investment per worker (search for similar items in EconPapers)
JEL-codes: E22 J24 (search for similar items in EconPapers)
Pages: 7 pages
Date: 2010-10
New Economics Papers: this item is included in nep-bec and nep-mac
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (14)

Published on the C.D. Howe Institute website, October 2010

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