If not now, when? Canadian firms should unleash $150 billion cash pile to spur economic growth

Some industries such as high tech and manufacturing are uniquely positioned for investment.

Canadian cash positions are even more favourable when compared to the U.S., as U.S. government income support was more targeted to households and less towards businesses. As a result, corporate Canada holds nearly double the amount of cash its U.S. counterparts do as a share of assets.Article content

Tal said that the value of the Canadian dollar is another factor that might incentivize business investment, due in part to potential cost savings on imports such as equipment and machinery. Canadian businesses have also been experiencing healthy profits, which also contributes to the current opportunity for investment. This is due in part to reductions in consumer price sensitivity during the pandemic, allowing businesses to pass through higher production costs while avoiding effects on demand.Healthy profit margins experienced by Canadian businesses may contribute to the currently favourable investment position, but lack of business investment has been the trend for over a decade.

Good luck on that. There’s also going to be shortages of everything for the next two years to three years. We also have the Chinese economy melting away along with possible war with Taiwan 🇹🇼. Companies will need to hold on to their cash to pay for the carbon taxes.

Canada Latest News, Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

COVID-19 booster shots not yet needed for most Canadians, health experts sayThird doses have become a topic of discussion as research shows that protection against COVID-19 infection starts to slip in some vaccinated individuals over time. But health experts say they are not yet needed for most Canadians 'Not yet' ....LMAO. It's so effective, first shot, second shot....boosters 4eva Ask Israel what it's done for them ! More Big Pharma Deathshots why..Not enough people have been killed or injured by these bioweapons yet
Source: globeandmail - 🏆 5. / 92 Read more »

Baby bust: How the COVID-19 pandemic reshaped family planningFamily planning took a detour for many Canadians when the pandemic deepened last spring
Source: globeandmail - 🏆 5. / 92 Read more »

Is gas really heading to $2 a litre in Canada?Opinion: The Clean Fuel Standard is going to cost the average Canadian a pretty penny Branch Covidian Utrudopian Cult Logic at its best! Hydrocarbon are more than just gasoline, its clothing, food and shelter. Have fun BuildBackBetter cold, hungry and poor! Ya of course
Source: nationalpost - 🏆 10. / 80 Read more »

Aritzia sales top pre-pandemic levels on strong U.S., e-commerce growth\u0027Expansion in the United States will be a leading driver of our growth\u0027
Source: nationalpost - 🏆 10. / 80 Read more »

Canopy Growth has deal to buy leading gummy maker if U.S. makes pot legalCanadian companies are looking for ways to get in on the larger, high\u002Dgrowth U.S. market
Source: nationalpost - 🏆 10. / 80 Read more »