Canada’s innovation imperative Report on Canada 8 - June 2011

Canada faces an innovation imperative. Our lackluster innovation record stands in the way of all Canadians realizing their full prosperity potential

As new governments take the helms federally and in several provinces this year, the Institute for Competitiveness & Prosperity urges all Canadians to step up our innovation capabilities to achieve our long-term Prosperity Agenda

As the economy slowly recovers from the recession, we need to do what is necessary to achieve a strong recovery in the short term and to begin repairing our fiscal situation federally and provincially. But our long-term challenge remains – raising our productivity, which is synonymous with improving our innovation capabilities and performance. Robust innovation results can be achieved through more key business investments and by the right government policies and strategies for innovation.

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Quick Fact
Reductions in taxes on investment are more effective than reductions in taxes on consumption Find out more
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