The growing threat of a low-wage future for Canadians
If that OECD forecast becomes reality, the Canada of 2060 will be a relatively poorer country, falling further and further behind other advanced economies into second-tier status.
. Three-quarters of the patents that emerged from experts funded through the program are owned by foreign entities; just 7.8 per cent are owned by Canadian firms. Such reforms would help to ensure that Ottawa doesn’t waste further billions of dollars, though they might not necessarily do much to solve Canada’s prosperity problem.
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