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Competitiveness of Canadian economy matters a lot for our future

By David Crane      

We need major structural changes, and cultural changes, in our economy to accelerate its transition to a knowledge economy based on investments in intangibles such as R&D, software, branding, employee training, and organizational innovation.

As we approach the 2019 budget, which Finance Minister Bill Morneau will table in the House on March 19 at 4 p.m., and the next federal election, much of the economic data flowing out of Statistics Canada is not encouraging. The Hill Times file photograph by Andrew Meade

TORONTO—As we approach the 2019 budget and the next federal election, much of the economic data flowing out of Statistics Canada is not encouraging. This is not good news for the governing Liberals, though the Conservatives or NDP have had little, if anything, to offer so far in credible new ideas for a more successful economy. Andrew Scheer’s latest idea is to eliminate GST on home-heating bills.

David Crane

David Crane is an award-winning journalist with special interests in the economics of globalization, innovation, sustainable development and social equity.
- crane@interlog.com


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