Table 4
Average relative Canadian-U.S. levels of investment and capital intensities, by asset class, business sector, 1987 to 2003 (1997 dollars)

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  Investment-to-gross domestic product ratio Capital-to-gross domestic product ratio
Statistics Canada depreciation Bureau of Economic Analysis depreciation Own depreciation
  United States =1
ICT 1 machinery and equipment 0.78 0.75 0.74 0.61
Non-ICT machinery and equipment 1.17 1.20 0.96 0.86
Engineering 3.42 3.38 2.33 1.38
Building 1.04 1.01 0.95 0.58
Total 1.23 1.32 1.17 0.78

1. Information and communications technology.

Note: Results shown are from authors' calculations.

Sources: Statistics Canada; and Bureau of Economic Analysis.