Building Momentum Amid Uncertainty
Overall, we anticipate that real non-residential business investment will grow at an average annual rate of 4.3 per cent between 2027 and 2030, with investment levels surpassing their 2014 peak in 2028. While this outlook is cautiously optimistic, we remain mindful of potential downside risks, such as a prolonged trade dispute and a longer-lasting conflict involving Iran.
What is driving our prediction that non-residential business investment will rebound in 2026? What are the anticipated impacts of the federal government’s several policy measures such as tax incentives and its efforts to streamline regulatory and project approval processes on our outlook? Why will investment in electric power generation remain a key driver of growth over the next five years?
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