Business Council of Canada CEO Goldy Hyder says getting companies to deploy capital at scale is going to require more regulatory changes.

Business and investment leaders said the federal budget’s focus on spurring $500-billion of private-sector investment by 2030 sets the right tone, but reaching that target will hinge on whether Ottawa creates the right conditions to see projects through.

A day after Finance Minister François-Philippe Champagne called Ottawa’s 400-plus-page fiscal plan “an investment budget,” senior executives across Canada’s business community voiced a common refrain: “It comes down to execution.”

Some said there is no clear reason to doubt the government’s projections, and that a friendlier tax regime for investments and a sharp focus on fast-tracking major projec

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