Canadian Investment Opportunities & News:
B.C.'s new business as usual: political and economic uncertainty
31 August 2017
Research shows that policy uncertainty can drive down business investment by six to 10.5 per cent. To see how the election created uncertainty in B.C., the Fraser Institute created a proxy measure using newspaper reporting of the word “uncertain” in the province from 2009 to the present. The study was inspired by work on American economic policy uncertainty developed by economists Scott Baker, Nick Bloom and Steven Davis.