Home Page Election 2019 News Opinion Foreign Policy Politics Policy Legislation Lobbying Hill Life & People Hill Climbers Heard On The Hill Calendar Archives Classifieds
Hill Times Events Inside Ottawa Directory Hill Times Store Hill Times Careers The Wire Report The Lobby Monitor Parliament Now
Subscribe Free Trial Reuse & Permissions Advertising FAQ
Log In
Global

Canada needs better ways to transform early stage companies into future global champions

By David Crane      

While excellent at starting really smart new companies, Israel, like Canada, has much less success in turning these into locally owned multinationals with the potential to create thousands of domestic jobs.

Canadian taxpayers invest billions of dollars to train tech talent, fund university-based scientific research and provide grants and tax incentives for early stage tech companies. But if much of this effort ends up simply expanding jobs, intellectual property and, consequently, tax revenues in other countries, what’s the benefit for Canada, writes David Crane. Image courtesy of Pexels.com

TORONTO—Writing in the Global Innovation Index 2020 report, Yaron Daniely of Israel’s aMoon Venture Fund, worries that his country—highlighted in the best-selling book, Start-Up Nation—may be suffering from the same problem that I see in Canada.

Politics This Morning

Get the latest news from The Hill Times

Politics This Morning


Your email has been added. An email has been sent to your address, please click the link inside of it to confirm your subscription.

Trudeau says some promises ‘clearly’ touch provincial jurisdiction after premiers slam Throne Speech, but calls for unified approach

News|By Palak Mangat
Alberta Premier Jason Kenney says the Liberals' Throne Speech committed to 'more policies that would invade provincial jurisdiction than I could count.'

Throne Speech’s climate promises draws mixed reviews, with NDP saying it’s a rehash of old pledges

The Throne Speech promised action on climate change like the country has never seen before, but some experts and politicians are skeptical the Liberal government can deliver.

Former PM Turner was a ‘living legend,’ ‘a great defender of Parliament,’ say politicos

News|By Palak Mangat
While the conditions for Liberal longevity might not have been ripe, Liberal strategist Charles Bird says late former prime minister John Turner came to the leadership when 'he was already something of a living legend.'

Foreign policy focus in new session should be on China, U.S., and human rights, say Parliamentarians

News|By Neil Moss
'The No. 1 [foreign policy] priority is our relationship with the United States,' says Independent Senator Peter Boehm as the U.S. presidential election quickly approaches.

Political parties reach last-minute deal to temporarily change House rules for hybrid Commons, electronic voting

The rule changes includes a sunset clause, with the terms expiring Dec. 11.

‘Whatever it takes’: Trudeau says austerity not an option in the face of staggering job losses, health crisis 

News|By Beatrice Paez
The speech did not promise a full-fledged budget, but said an update to the feds’ COVID-19 Economic Response plan would be coming this fall.

‘I wrote this memoir from the heart’: former Supreme Court chief justice wins Shaughnessy Cohen Prize for memoir, Truth Be Told, a ‘unique and tantalizing glimpse’ into top court  

News|By Palak Mangat
'Writing this book has brought me close to Canadians and the wonder of our national diversity. This prize is the icing on the amazing cake that has been my life': former Supreme Court chief justice Beverley McLachlin.

Presidential election could change course on unilateral tariff use, but Canada-U.S. trade tensions will remain: experts

News|By Neil Moss
If Joe Biden wins the U.S. presidency, he will be constrained in the use of unilateral tariffs, say experts, while Donald Trump's re-election may leave Canada once again targeted by national security tariffs.

COVID-19 containment, economic recovery expected to drive fall lobbying

Lobbyists will also be keeping an eye on progress on the government's backlog of big-ticket legislation and regulatory reforms this session.
Your group subscription includes premium access to Politics This Morning briefing.
DON'T MISS OUT.
Expert, non-partisan policy and political reporting