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Stories by David Crane

This just in: IMF advocates for more active government in post-pandemic world

Opinion|By David Crane
Once noted for its dogmatic, unbridled free-market ideology, the IMF is now an advocate of more active government and is making clear the connections between social, economic, and environmental policies.
Opinion|By David Crane
This matters because it is through the new ideas that drive innovation that we advance.
Opinion|By David Crane
We could face the risk of stagnation unless we become a more dynamic, innovative, and productive country.
Opinion|By David Crane
And this applies across the much broader world of new technologies if we are to build a successful economy for the future.
Opinion|By David Crane
There remains a dearth of serious business leadership and a continuing expectation on the part of business that it is up to government to pay companies to be entrepreneurial and innovative.
Opinion|By David Crane
The pandemic showed that the federal government lacks the analytical and strategic capabilities to pursue an innovation strategy that delivers real results.
Opinion|By David Crane
So we will need to pay much greater attention to building a better future for low-wage workers.
Opinion|By David Crane
Canada faces deep and difficult challenges that could take a decade to overcome. The test for Chrystia Freeland’s upcoming budget is to be honest about our circumstances.
Author
Opinion|By David Crane
The budget must signal how the government will better focus its investment and innovation policies to achieve clearly stated goals. This is a necessity we cannot afford to ignore.
Opinion|By David Crane
What we need now is less talk of Canada as a global champion in electric vehicle and batteries and a much clearer analysis of how we might best participate in the new electric age.
Opinion|By David Crane
We had lots of warning. The real question is what do we do now?
Opinion|By David Crane
It’s an issue that cannot wait: how do we deal with the pressing challenges of an aging of society and avoid the looming fiscal costs and social failure that we face unless we get serious.
Opinion|By David Crane
There’s too much at stake. Failure could mean a poorer country. So this budget really matters.
Opinion|By David Crane
R&D branch plants of Big Tech are using Canadian talent to develop intellectual property to be owned by the corporate parents and used to generate jobs and wealth elsewhere.
Opinion|By David Crane
The Industry Strategy Council, like the Business Council of Canada, and other groups offering advice, are, like the government itself, failing to provide the analysis we need for policies to make a difference.
Opinion|By David Crane
No one can have a 100 per cent crystal ball on the future. But we do need a much better analysis on the future of work.
Opinion|By David Crane
The post-pandemic economy will be different from the pre-pandemic economy. But the fiscal statement—aside from some generalities on green investments—gives little sense of future direction.
Opinion|By David Crane
In both the public and private spheres, including our universities, we are doing far too little to understand this new world and to pro-actively prepare for it.
Opinion|By David Crane
Corporate Canada has two good reasons to contribute to the country’s going-forward strategy.
Opinion|By David Crane
And we need to hear from Finance Minister Chrystia Freeland—and the sooner the better.
Opinion|By David Crane
Conservative Party Leader Erin O’Toole is attacking elites, globalization, Bay Street finance, and the corporate focus on shareholder value. It has already caused dismay among traditional Conservative supporters.
Opinion|By David Crane
So which party will have the best answers on how to raise the potential growth rate of the economy? This should be the really critical debate. The outcome will determine our future  for years to come.
Opinion|By David Crane
But it is foolish to make the leap from this to pronounce Canada a world leader in the electric vehicle industry.
Opinion|By David Crane
As we look ahead, the need for a more innovative and productive economy is more urgent than ever, which means that the quality of public policies is critical.
Opinion|By David Crane
We need productive public investment now for a clean and smart post-pandemic economy if we are to avoid long-term unemployment and economic stagnation.
Climate action, the Throne Speech said, 'will be the cornerstone of our plan to support and create a million jobs across the country.' But how will this happen? What is the strategy? Is there a plan?
Opinion|By David Crane
We have yet to face up to the fact that we don’t have an economy that can deliver. We have to rebuild better out of the wreckage of the pandemic econmy for a new, post-pandemic world.
Opinion|By David Crane
It’s time we came to grips with the reality that Canada does not have an economy today that can deliver good jobs and the wealth we need to sustain and expand the public goods we value.
Opinion|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.
Opinion|By David Crane
We should, as Barry Eichengreen suggests, use the current economic crisis to spark and accelerate a transition, to replace what has been destroyed and improve our potential growth rate.
Opinion|By David Crane
It is time for our business groups and universities to come up with serious ideas rather than just lobbying for more favours or money.
Opinion|By David Crane
September's Throne Speech should outline how the government will help create a better deal for low-income Canadians, in the short and long term.

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