Business investment per worker fell 20% in 15 years amid weaker competition: StatCan

Canadian business investment per worker fell by 20 per cent over a 15-year stretch, new research by Statistics Canada shows.

The report finds for every worker, businesses invested $628.80 less in their companies in 2021 than they did in 2006.

The decline was more significant in large and medium-sized companies and foreign-controlled businesses, though it's unclear why that was the case.

The report attributes nearly one-third of the drop to declining entry rates, or the number of new companies starting up by industry.