This article originally appeared in the Western Standard.
Gina Pappano, Executive Director of InvestNow, argues that Canada’s investment climate has become increasingly uncompetitive due to regulatory burdens, policy uncertainty, and weakened productivity. She points to sustained capital outflows and declining GDP per capita as evidence of deeper structural economic challenges.
She further contends that the federal government’s proposed $25 billion sovereign wealth fund is a misdirected response that fails to address these underlying issues. Rather than improving the investment environment, the initiative is framed as a debt-financed measure that diverts attention from the reforms needed to restore investor confidence and economic competitiveness.
Read the full article here.
