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Monday, May 12, 2025

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We need to make Canada a true innovation nation

There are, to be sure, bright spots in Canada—in the innovation ecosystems of Toronto-Waterloo, Montreal, Vancouver, Ottawa, and Québec City, and in the growth of venture capital funding, as well as in the attraction of foreign stars in science for Canada Research Chairs. But much of the activity in the innovation ecosystems is the result of activity by Google, Microsoft, and other Big Tech players and not through the development and scaling up of Canadian companies.

Policies are can be wasteful, unfocused and politically opportunistic—such as the latest cut in the small business tax rate, costing more than $3-billion over five years, which was a sop to offset the political damage from Finance Minister Bill Morneau’s mishandling of small business tax reform, writes David Crane. The Hill Times photograph by Sam Garcia
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April 23, 2018
Opinion | BY DAVID CRANE | April 23, 2018

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