The Globe and Mail reports in its Saturday edition that it is no secret Canada has a major investment problem. The Globe's Tim Shufelt writes that chronic underinvestment has sapped the country of the economic vigour. It is a deep-seated issue that has only gotten worse over the past decade. In some quarters, Canada came to be seen as uninvestible. Not only is private-sector investment the lifeblood of the real economy, it is also critical to stock market performance. Investment in things such as machinery and equipment are proven drivers of earnings growth. And the fact that Canadian companies have done very little of it in recent years compared with the U.S. corporate sector is plain to see in the stock charts. Since 2015, the S&P 500 index has risen by 235 per cent, compared with 140 per cent for the S&P/TSX Composite Index. In dollar terms, a $1,000 investment in Canadian stocks would have grown to about $2,400 over that time. American stocks would have left you with $3,400. There are lots of reasons for the performance gap. U.S. tech sector dominance is a big one. As is Canada's dismal record on investment. Mr. Shufelt says Canada needs a course correction: Let this be the year it starts to reveal itself.