Bringing “dead cash” back to life
There is a lively public debate about the “dead cash” problem in Canada. People are asking if companies are holding excessive amounts of cash and cash equivalents in reserve. After touching on this issue in the Eleventh Annual Report of the Task Force on Competitiveness, Productivity & Economic Progress, A push for growth, the Institute for Competitiveness & Prosperity has taken a deeper look at the dead cash issue to offer a way forward.
There are two versions of the paper: short and long version. The long version includes more details regarding the methodology used to derive the results.