Capital Gains: How Canada can unlock the $1.8 trillion it needs for growth

Canada is emerging from an unprecedented capital recession. The renewed interest comes after a decade of weak business investment, stalling productivity, and stagnating living standards. Between 2015 and 2024, more than $1 trillion of investment exited Canada—the largest capital exodus in Canadian history. For every dollar of inward FDI, two dollars exited.

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Jordan Brennan and Farhad Panahov

April 29, 2026

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