“Canada: The Industrial Implosion” v. the United States
Wolfstreet·2025-09-13 03:19
Stunning charts of how investment in industrial machinery & equipment collapsed a decade ago in Canada but stayed on track in the US. “According to the latest national accounts data, real investment in industrial machinery & equipment [in Canada] fell in Q2 to its lowest level on record (data back to 1981). As today’s Hot Chart shows, the divergence with the U.S. is nothing short of appalling,” wrote Stéfane Marion and Matthieu Arseneau, at Economics and Strategy, National Bank of Canada, in a note sent to ...