Table 12
Relative Canadian-U.S. levels of investment and capital intensity, total economy, 2003 (1997 dollars)

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  Total economy Non-business sector Business sector
  United States=1
Investment-to-gross domestic product ratio
Machinery and equipment 0.86 0.49 0.97
Engineering 2.15 0.89 3.83
Building 1.14 1.18 1.09
Total 1.09 0.94 1.20
Capital-to-gross domestic product ratio
Machinery and equipment 0.87 0.40 0.98
Engineering 2.40 1.34 3.74
Building 1.08 1.17 0.97
Total 1.18 1.10 1.24

Note: Results shown are from authors' calculations.

Sources: Statistics Canada; and Bureau of Economic Analysis.