Supply management integral to a strong Canadian agricultural sector
Recent stories have been shedding a negative light on supply management, the Canadian system that matches domestic demand with domestic supply in dairy, eggs, and poultry. Some authors continue in the old tradition of having ideology and opinion pass for data. In a recent case, two authors supported deregulated dairy in Australia and New Zealand […]
Aluminum, steel tariffs the latest in ‘laundry list’ of Canada-U.S. trade tussles
While Canadian, Mexican, and American negotiators were in Mexico City in the seventh round of discussion to bring down trade barriers through a revised North American Free Trade Agreement on March 1, United States President Donald Trump was seeking to erect another roadblock, adding to the “laundry list” of trade irritants stacking up in recent months […]
Strong, integrated, modern transportation system ‘fundamental’ to Canada’s future prosperity: Garneau
Transport Minister Marc Garneau has some heavy lifting to do with a few signature pieces for the Trudeau government’s environmental agenda. Most notably, Mr. Garneau’s (Notre-Dame-de-Grâce-Westmount, Que.) department is responsible for taking the lead on legislation barring crude oil tankers from traversing British Columbia’s ecologically sensitive North Coast, working with provincial and territorial governments to […]
Transforming Canada’s economy through superclusters
Canada is at a critical point in its history. Our economy is strong and is the fastest growing in the G7. Because of the hard work of Canadians, almost half a million full-time jobs have been created, and we have the lowest unemployment rate since 1976. Canada is widely regarded as one of the world’s […]
Fintech caught in grey zone, stakeholders say, as feds study Bank Act
As Finance Canada is in the midst of its review of the Bank Act, observers are saying the rules need to better accommodate the emerging financial technology sector—known as “fintech”—and bring banking regulations into the digital age so that Canada can catch up to its international peers. “Things in fintech are moving in weeks and […]
Canada jeopardizing U.S. relations, trade deals by favouring Chinese takeovers
Encouraging free trade is a cornerstone of the Conservative Party’s foreign affairs strategy. Gaining access to new markets in a mutually beneficial manner facilitates the dissemination of Canadian innovation, while creating jobs and a strong economy for Canadians. However, this enthusiasm to engage does not extend to state-owned enterprises, especially when it comes at the […]
Innovation facts and figures
Bloomberg 2018 Innovation Index 2018 rank 2017 rank Year over year change Economy Total score 1 1 0 S. Korea 89.28 2 2 0 Sweden 84.70 3 6 +3 Singapore 83.05 4 3 -1 Germany 82.53 5 4 -1 Switzerland 82.34 6 7 +1 Japan 81.91 7 5 -2 Finland 81.46 8 8 0 […]
Feds must step up support for innovation in Canada’s auto industry
Since the inception of the automotive industry in Canada, automakers and automotive part suppliers have become global leaders in innovation. Especially following the financial crisis of 2008 and with ongoing NAFTA negotiations, it is clear that our government needs to step up its support of the automotive industry in Canada. Other countries have strategies to grow […]
Liberals making investments to help Canadians seize opportunities created by technology: Bains
The expansive portfolio handed to Innovation, Science, and Economic Development Minister Navdeep Bains has already earned him the moniker the “minister of everything.” After all, the Mississauga, Ont., MP is tasked with not only shepherding the government’s all-important economic development agenda, but also helping domestic businesses become more innovative, an elusive task that seemingly boils […]
Government should prepare now for automation economy, even if layoffs aren’t imminent, say experts
Despite mixed opinions from experts as to how soon automation will lead to significant layoffs, both proponents of new technologies in industry and those more apprehensive to their adoption say it’s better for the federal government to ready Canada for potential job losses and a disrupted economy with policy sooner rather than later. “We have this […]
