Part 3/9:
He uses specific data to illustrate this troubling situation: Canadian households are currently burdened with more debt than those in any other G7 country, spending an alarming 15% of their income on debt servicing. Meanwhile, corporate investment per worker has plummeted, with investment in Canada sitting at only $15,000 compared to $28,000 in the U.S. This decline threatens Canada's competitiveness on the global stage, leading Martin to opine that the country stands at a tipping point—one where the right decisions can lead to a resurgence.