E - PAPER

CURRENT MONTH

LAST MONTH

VIEW ALL
  • HOME
  • NEWS ROOM
  • COVER STORY
  • INTERVIEWS
  • DRAWING BOARD
  • PROJECT WATCH
  • SPOTLIGHT
  • BUILDING BLOCKS
  • BRAND SYNC
  • VIDEOS
  • HAPPENINGS
  • E-MAGAZINE
  • EVENTS
search
  1. Home
  2. INTERNATIONAL

Canada’s Poor Productivity Due To Erroneous Investment In Housing

Canada’s Poor Productivity Due To Erroneous Investment In Housing

BY Realty Plus
Published - Saturday, 13 Jul, 2024
Canada’s Poor Productivity Due To Erroneous Investment In Housing

Canada’s poor productivity is the result of a lack of investment in business and technology meanwhile investment in housing has soared, says a new report from the Fraser Institute.

The think tank’s report, which compares investment in Canada and the United States, found that over the past two decades capital investment in Canada was greater than in the U.S. “relative to the size of the economy.”

However, the report’s author attributes this mostly to the “enormous investments made in housing in Canada versus the U.S.” From 2014 to 2021, housing accounted for 34.1 per cent of total investment in Canada, versus 18.5 per cent for our neighbour to the south.

Meanwhile, U.S. investment in areas considered to boost productivity dwarfed that of Canada’s during the same time period. For example, total investment in IT was 10.4 per cent in Canada and 16.5 per cent in the U.S. Investment in research and development and other intellectual products represented 27.7 per cent of total investment compared with 12.6 per cent in Canada.

“Weak business investment in technologies like IT and research and development — which help Canadian workers be more productive — impedes improvements in Canadian living standards,” said Steven Globerman, senior fellow at the Fraser Institute and author of the report.

It might seem counterintuitive that the Fraser Institute is pinning productivity woes on housing, given that the country is in the midst of a full-blown housing shortage and affordability crisis.

RELATED STORY VIEW MORE

Qatar’s Affordable Housing Strained as Expat Population Surges
Jeddah Tower To Become World’s Tallest Building
China’s Eco-Barrier China Contain Its Fourth-Largest Desert

TOP STORY VIEW MORE

Supreme Infrastructure Wins Rs 450 Cr Turnkey Contract for PAP Housing

Supreme Infrastructure India Ltd (SIIL), EPC & infrastructure company, has secured a Rs 450 Cr turnkey construction contract for the development of a PAP housing in Powai.

25 June, 2025

NITCO Strengthens Partnership with New Rs 45 Cr Order from Prestige Group

25 June, 2025

India’s Sunkind Energy Partners with Global Leader ConfirmWare

25 June, 2025

NEWS LETTER

Subscribe for our news letter


E - PAPER


  • CURRENT MONTH

  • LAST MONTH

Subscribe To Realty+ online




Get connected with us on social networks!
ABOUT REALTY+

Started in 2004, Realty+, an exchange4media group publication is one of the most respected real estate magazines in India with offices in Delhi, Mumbai and Bengaluru.

Useful links

HOME

NEWS ROOM

COVER STORY

INTERVIEWS

DRAWING BOARD

PROJECT WATCH

SPOTLIGHT

BUILDING BLOCKS

BRAND SYNC

VIDEOS

HAPPENINGS

E-MAGAZINE

EVENTS

OTHER LINKS

TERMS AND CONDITIONS

PRIVACY-POLICY

COOKIE-POLICY

GDPR-COMPLIANCE

SITE MAP

REFUND POLICY

Contact

Mediasset Holdings 3'rd Floor, D-40, Sector-2, Noida (Uttar Pradesh), Pincode - 201301

tripti@exchange4media.com
realtyplus@exchange4media.com

+91 98200 10226


Copyright © 2024 Mediasset Holdings.
Rental Mobil bandung,Sewa Mobil Bandung, Rental bandung, Sewa Mobil, Jual Mesin Antrian, Harga Mesin Antrian, Mesin Antrian Murah, Jual KIOSK,Mesin Antri, Berita Terkini, Info Bray,Info Tempat Wisata,Portal Berita,Jasa Website