Tuesday 15 September 2015

2015-02 Canada's lagging innovation and productivity

Not everything is rosy about the Canadian economy. According to the Wold Economic forum, OECD and IMF, Canada's innovation and business productivity performance is weak
  • According to WEF, Canada is 26th for business innovation
  • According to OECD: Canada is 22nd in business investment on research and development
  • According to IMF: Canada is 17th in business productivity
Canadian small and medium size firms export relatively little and do not use cutting edge technology.
The author thinks that government policy directed specifically at innovation, and innovation clusters, would help.

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