Canada is cursed with a Prime Minister who pretends to be an economist, one apparently intent on returning us to an era when the country was primarily a hewer of wood and drawer of water thanks to his enthusiastic endorsement of a shortsighted prosperity achieved through oil and gas exports.
Is it really surprising then that Corporate Canada is sitting on $526 billion that it refuses to invest in worthwhile and necessary pursuits like research and development, plant expansion, new equipment, etc. etc.?