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Originally Posted by you&me
You're missing context that year-over-year changes don't reflect.
Even after the 60% increase last year, DFI is still down roughly 50% since 2016...
Nice try though...
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Can you elaborate? Are you saying that there was a big crash in 2017, and that DFI was >2x 2018 levels in 2016, or is it something else?
Regardless, the article has the following to say about Canada:
Quote:
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or example, investments in manufacturing increased by 450 per cent since 2016 and Canada’s technology sector has captured unprecedented global attention. This growth builds on long-running successes such as the Scientific Research and Experimental Development (SR&ED) program, as well as aggressive new tax measures. For new investment projects, Canada’s marginal effective tax rate is now at 13.8 per cent, almost five full points below the U.S. and lowest in the Group of Seven. More than just being competitive, we lead the way with the tax measure that is the single most determinant factor in attracting the next investment dollar.
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This seems to counter
IliketoPuck's narrative of Canada being "a jurisdiction with too many risks associated with government policies to justify investment, when all else being equal, you can just move your capital somewhere else and make a better and easier return." It does seem to support a narrative of low taxes attracting investment, though.