Senator Carignan: Can you also tell us how the new alliance with the NDP will help increase private investment in Canada?

Hon. Claude Carignan: My question is for the Government Representative in the Senate. Last week at the Standing Senate Committee on Banking, Trade and Commerce, David Dodge, the former governor of the Bank of Canada, said:

[English]

Since the great financial crisis, and particularly since 2015, we’ve had a miserable record of low levels of investment, weak productivity growth, both of which are well below most of our G7 counterparts and many of our OECD countries.

[Translation]

Can the Government Representative explain to us what has happened since 2015 that could explain why investments have declined so much?