Canada CEOs Hail Carney’s Investment Tilt, Warn on Fiscal Track

One of Canada’s most influential business groups says it supports Prime Minister Mark Carney’s goal of boosting investment, but wants to see a credible fiscal plan in the upcoming budget.

The Business Council of Canada, which represents some the country’s largest companies, told Carney in a letter that its members believe the country is “in the midst of an investment crisis” that requires public and private contributions.

“You have a mandate to construct a pro-growth budget at a difficult time for the nation, rife with global economic and political uncertainty,” Goldy Hyder, the group’s chief executive officer, ...