Broken innovation: How the Liberals’ multibillion-dollar tech plan created ‘chaos’ instead, not growth
“Canadian policy makers have spent the past three decades confusing innovation with invention, a science-and-technology strategy with an innovation strategy, intellectual property generation with IP protection, free trade agreements with asset protection agreements, privatization with digitization, and supply chains with value chains,” former BlackBerry co-chief executive Jim Balsillie wrote last year.
Our economic output per capita has been the worst among advanced nations in the Organisation for Economic Co-operation and Development since the 1970s, a trend the OECD forecasts will continue until 2060. Business spending on R&D, productivity growth and labour utilization are in the bottom quarter of advanced nations.
Even Mr. Morneau says in his new memoir that the government “didn’t do nearly enough to stimulate economic growth” needed to pay for social programs. “Productivity improvement is the most important issue on our agenda,.” He singled out “our poor performance when it comes to innovation; we depend too often on others to lead the way.”
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Opinion | Justin Trudeau calls Doug Ford’s for-profit health plans ‘innovation’The prime minister says the country is in a moment of crisis that won’t be solved by a one-size-fits-all solution, Susan Delacourt writes.
Read more »
MPs approve hearings into McKinsey contractsConservative MP Stephanie Kusie says Liberals have created a ‘shadow government’ of consultants
Read more »
KINSELLA: Dumping Trudeau the Liberals' best move to hold on to powerIf the Liberal Party is to have a shot at retaining power in the next election, not a few Grits believe, Trudeau needs to head for the exit.
Read more »
Rex Murphy: Liberals' 'just transition' a fist to the mouth of CanadaA better name for the massive dislocation of the national economy and Canadian workers would be the \u0027Great Disruption\u0027
Read more »
Singh says Liberals must approve national pharmacare plan in 2023Singh expects the 2023 budget to include specific progress on the NDP priorities listed in the NDP’s confidence-and-supply agreement with the Liberals, along with new funding for Canada’s health care system
Read more »
UFC 283 Beforemath: Controlled Chaos and Time DilationAhead of UFC 283, Blaine Henry gives an illustrated breakdown of the incredible rivalry between Deiveson Figueiredo and Brandon Moreno, with frame-by-frame analysis of the adjustments the flyweight greats have made between each fight.
Read more »