Business investment in Canada rebounded in Q2 after stagnating for more than a year as AI infrastructure related spending ramped up, and weak oil and gas spending recovered.

An unprecedented AI buildout continues to power private investment in the U.S., though rising bond yields are pushing up borrowing costs.

In this episode of The 10-Minute Take, RBC Economics’ Claire Fan and Carrie Freestone discuss investment trends reshaping Canada and the U.S., and what to expect heading into 2027.