Has Trudeau reached a tipping point? A new poll shows his support slipping. + MORE Mar 7th

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Justin Trudeau returned from India with some new investment agreements, an embarrassing diplomatic incident to sort out, and according to a new poll, less support from voters.
In the latest edition of Abacus Data’s regular survey, 36 per cent of committed voters said they’d mark the box beside by their local Liberal candidate if e-day were tomorrow, down three percentage points from January. And the prime minister’s personal popularity has fallen even further, with his positive and negative ratings within the margin of error for the first time since the 2015 election that swept him into office.
Abacaus CEO David Coletto says this marks a turn for Trudeau, who has been the Liberals’ strongest asset for two-and-a-half years. “He’s been almost, in a way, Teflon,” Coletto said. “Many events that pundits have said would bring him down hadn’t hurt him.”
What does appear to have scuffed Trudeau’s image in Canada is the recent visit to India. While there, he met with several prominent industrialists and announced $250 million in new investments by Indian companies in Canada…

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Jason Clemens and Milagros are economists with the Fraser Institute.
Evidence continues to mount that confidence in Canada as a destination for business investment and entrepreneurship is in steep decline. Given the importance of business investment and entrepreneurship to economic growth and prosperity, one would assume the federal government, and in particular the minister of finance, would be concerned. And yet, by all accounts including the contents of last week’s federal budget, the government is disinterested.
According to Statistics Canada, every category of business investment has declined (except residential housing) since peaking in the final quarter of 2014. Total business investment excluding residential structures (adjusted for inflation) is down 16.8 per cent, which includes declines in non-residential structures (-23.3 per cent), machinery and equipment (-6.6 per cent), and intellectual property (-13.8 per cent). And StatCan’s survey of the investment intentions of private businesses shows further declines in 2018 are expected—the fourth straight year of decline…

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