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Originally Posted by Slava
I do think that Coyne makes a good point about access to capital. Canadians are working, but the investment capital isn’t here to the same extent. I also do think part of that is policy driven because we’re throttling some investment in the energy and resource sector. That could be both intentional with restrictive policies, but it’s also unintentional because of the uncertainty factor that has crept in.
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Good point. Much of our growth in the past has come from access to foreign capital, and who would want to invest in Canada with the bunch we have in Ottawa over the past 9 years.
Hopefully, when the Conservatives get back in, Canada will see a resurgence in foreign investment, and corresponding rise in our GDP. That should also benefit things like our healthcare and education, providing they invest judiciously.