Foreign investors avoid Canada: UN report

Published July 28, 2010

Despite a concerted effort to sell Canada as a great place to invest following the economic crisis, a new UN report says foreign direct investment into Canada dropped from $55 billion in 2008 to $19 billion in 2009—one of the worst hits of any developed nation. And while a number of factors are likely to blame, there are indications that the Canadian economy's increasing reliance on its export of traditional...