Business and all orders of governments need to take ownership of anemic private\u002Dsector investment, say Anne McLellan and Lisa Raitt. Read on.
Despite all these advantages, our economic performance has been middling, with growth averaging just 1.7 per cent annually over the past decade.
The Coalition for a Better Future, which we co-chair, believes any growth agenda needs to be inclusive and environmentally sustainable in order to be viable. At the same time, growth is a necessary precondition for rising worker incomes, more social equity, a cleaner environment and a better quality of life.
We know there are no easy answers. The productivity issues at the heart of the problem are multi-faceted and longstanding. For governments, it means a heightened emphasis on long-term thinking — beyond the next election — and on ensuring businesses have the tools needed to meaningfully take part in Canada’s efforts towards reconciliation with Indigenous Peoples.
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