Business investment per worker fell 20% between 2006 and 2021, StatCan says

OTTAWA — A new Statistics Canada study says Canadian businesses invested 20 per cent less per employee between 2006 and 2021.

That means for every worker, businesses invested $628.80 less in their companies in 2021 than they did in 2006.

The report says the decline was more significant in large and medium-sized companies and foreign-controlled businesses.

The slowdown in investment is attributed in part to lower competition and a shift toward intangible assets, such as brand equity and patents.