Digitalization of business activity is encouraging investment across the country in areas such as computer equipment and software, as well as communication and audio and video equipment. Growth in total investment may have lost some steam recently in Canada and elsewhere, but it has continued to rise in many areas linked to technology and intellectual property.
4 This spring, we led a coordinated, comprehensive examination of 19 of the country’s  3  See Ben S. Bernanke (2009), “Reflections on a Year of Crisis”, speech delivered at ”Financial Stability and Macroeconomic Policy”, a symposium sponsored by the Federal Reserve Bank of Kansas City, held in Jackson Hole, Wyo., August 20–22.