Montreal, January 30, 2014 – Quebec firms are investing less in machinery and equipment (software, industrial and agricultural machinery, office equipment, furniture, transportation equipment, telecommunications equipment, etc.) than their counterparts elsewhere in Canada. A recent study by the HEC Montréal Centre for Productivity and Prosperity (CPP) reveals that this type of investment declined considerably in Quebec in the 2000s. “Yet it is exactly this category of investment that has the most direct impact on labour productivity,” emphasizes CPP Director Robert Gagné. “This may prove especially damaging to the provincial economy.”

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