In a recently published paper I took stock of what might constitute a viable, integrated capital market in Europe. This follows the European Commission’s recently proposed “capital markets union” (CMU).

In our recent paper Why Is Capital Investment Consistently Weak in the U.S.

Over 10 years, the stock of U.S. direct investment in Canada grew continuously, but the U.S. share of Canadian FDI decreased. Changes to Canada’s foreign investment regime may help sustain the upward trend of U.S. investment stock by making it relatively easier for private U.S. businesses to invest in our northern neighbor.