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A welder fabricates anchor bolts for roads and bridges at the custom manufacturer Fox Company Inc. in Philadelphia.
A welder fabricates anchor bolts for roads and bridges at the custom manufacturer Fox Company Inc. in Philadelphia.
(MATT ROURKE/AP)

Canadian R&D’s downward trend is rooted in manufacturing neglect

In recent months, we’ve seen glimmers of hope that Canada’s long-dormant business capital investment is starting to pick up – considered a critical element to spurring the country’s next phase of economic growth and addressing its chronic productivity underperformance. But sadly, a key missing piece of the productivity puzzle – research and development – is being left behind.