Canadian businesses look south

A reported 40% of Canadian businesses are looking to relocate to the United States.
That is a major warning signal for Canada’s business climate.
When companies start considering relocation at that scale, the issue is usually not one single policy.
It points to a broader mix of taxes, regulation, labor costs, growth prospects, and access to capital.
For $CAD and Canada exposure, capital flight risk is becoming part of the macro story.