Alberta gets $3M to attract business headquarters to Calgary
Calgary’s downtown office vacancy rate topped 21% just last month.
Wynne’s business burdens
Adding to the cost of doing business doesn’t help manufacturers and makes attracting investment to the province even more difficult.
Conference Board downgrades growth forecast
A 15.5% drop in Q1 business investment tipped the economy into a small contraction.
Conference Board downgrades economic growth forecast to 1.9%
Collapsing oil prices will take it’s toll on business investment, which is expected to drop by 23% this year.
BoC survey suggests manufacturers poised to invest more in 2015
Some companies expect the lower dollar to help them reclaim market share and increase competitiveness.
SMEs eager to invest in new projects, BDC survey says
Companies in Ontario lead the charge, followed closely by BC and the Prairies.
Burden of economic growth must move away from households: IMF
Sluggish business investment is still holding back growth.
Higher exports, investment needed to support growth: CIBC
Report suggests lacking business investment isn’t being caused by financial limitations, but an unwillingness to do so.
Bank of Canada keep interest rate steady at 1%
Central bank says Canada’s exports require continued growth before companies increase investment and hiring.
US factory orders surge a record 10.5% in July
It’s not all good news, as business investment slips 0.5% following a June increase of 5.4%.
Canada’s businesses lag global peers in investment, especially Ontario, Quebec
CD Howe report finds that companies in Ontario and Quebec have hit a 10-year low in investment per worker.
‘Serially disappointed’ about economy, Poloz keeps stimulative rates in place
Depressed export demand is keeping business from committing to new investments.
Politics, technology and economy shape top business risks in 2014
Businesses must adapt to complex new business practices, regulatory environments and economic opportunities.
Carney leaving Bank of Canada with country in a stronger position
But, he says Canada is less well-oriented to the sources of global growth; must focus on exports, business investment.
Canada moving toward a better mix of growth: Carney
BoC governor says economy needs to move towards business investment and export growth.