How much foreign investment has the Liberal and NDP coalition attracted since in power? None.  It scared it away. The above chart shows the amount of foreign investment that entered Canada (Foreign direct investment in Canada) and the amount of investment that left our borders (Canadian direct investment abroad). Deducting the first from the latter results in either a deficit or surplus.  Clearly a surplus is ideal because it acts as support for our currency. However, in Canada's case, since Trudeau came to power we have realized record investment deficits, as highlighted in the chart below.

Between 2015 (when Trudeau came to power) and 2023,  the investment deficit increased 211% and $4.583-trillion more investment left Canada than entered.  To put this amount into perspective, investment worth more than Canada's 2022 and 2023 GDP combined or the value of the TSX left country for greener pastures under the Liberals. 

One outcome of investment deficits is a declining currency.  Investment dollars leaving our borders must be exchanged for another currency which places price pressure on the Loonie.  This is highlighted above which shows that the Loonie lost 12% of its value since 2015 and means that Canadians lost the equivalent of their wealth on a global level. It should also be pointed out that our dollar traded between par and ninety-cents during the previous government only to begin a decline as soon as it looked like Trudeau was going to become Prime Minister. 

 

The above is just one of many factors why the OECD predicts Canada will be the worst performing economy out of all 38 members through to 2060.

With a change in government, Canada will reverse course. Nobody wants to invest in a country whose leaders turn down investment, raise taxes from all angles, and place mandates on products and services. Canada has all the necessities to reclaim our economic status which is why the TSX offers some exceptional long-term oppurtunities today. Maintain 40% of your investments in cash equivalents and the remaining funds in blue-chip companies with a history of dividend increases.

Data collected from https://www150.statcan.gc.ca/t1/tbl1/en/tv.action?pid=3610000801 unless stated otherwise