Canada’s economy has been outperformed by many of its peer countries before the COVID-19 crash of 2020, due to lags in key sectors such as business investment, says a public policy think tank.
The Fraser Institute released a new study on Aug. 7 which compares Canada to other developed countries in the Organization for Economic Cooperation and Development (OECD).
“It may be tempting for policymakers to blame Canada’s poor economic performance on the COVID pandemic and all the disruptions it caused, but the truth is Canada has been underperforming its international peers in important ways for many years,” said in a statement Jason Clemens, executive vice president of the Fraser Institute.
