Carney’s big bet for $500-billion in private investments
A big part of the federal budget rests on the assumption that its measures will spur the private sector to invest in Canada…a lot. It’s projecting a half-trillion worth of investment. But at a time when Canada is suffering from sluggish productivity and the impact of U.S. tariffs, how realistic is it to expect businesses to invest?
James Bradshaw covers institutional investing for The Globe and Mail. He explains how the government is trying to spur 500-billion dollars in investments from the private sector, and how something called a ‘productivity super deduction’ is meant to fix an issue…
The skinny
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