Between 2013 and 2017, foreign investment in Canada declined by 55.1 per cent.
canadian federal budget
Finance Minister Bill Morneau’s budget missed an opportunity to convince investors that Canada remains a desirable place to invest.
The reasonable approach to balancing the budget is to find savings and reduce spending—not raise taxes.
This year alone, spending is projected to increase by $20.5 billion, a 7.6 per cent jump.
Since 2007/08, Canada’s federal debt has grown by $176 billion to $692 billion in 2015/16.