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Monday, December 23, 2024
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Canada is not a true innovation nation, merchandise exports data show

Canada is a derivative economy, dependent on the U.S. for growth, largely in commodities and semi-processed or intermediate products. There are, to be sure, exceptions. But, fundamentally, we are a mid-range supplier economy to the U.S. and free trade with the U.S. hasn’t changed that.

Prime Minister Justin Trudeau and Finance Minister Bill Morneau, pictured on the day of the federal government's budget release, March 22, 2016. The national challenge facing the Trudeau government is how to create innovative businesses, with high-paying jobs, that can profitably produce products, and services, that the rest of the world wants to buy, writes David Crane. The Hill Times photograph by Jake Wright
Opinion
BY DAVID CRANE
May 9, 2016
Opinion | BY DAVID CRANE | May 9, 2016

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Canada’s been on easy street for too long

OpinionBY DAVID CRANE

Reliance on U.S. remains a threat to Canadian economy

OpinionBY DAVID CRANE

Freeland’s first budget must set Canada on a strong investment-innovation growth path

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Liberals should heed David Dodge’s plan to fix the economy

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Bottom line? Canada’s potential growth rate remains in decline

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People crossing Metcalfe and Sparks streets in Ottawa on Aug. 9, 2023. A new paper by Peter Nicholson, one of Canada’s leading thinkers on innovation and productivity, outlines why we have such a poor record on business innovation, despite the skills and new knowledge breakthroughs by individual Canadians, writes David Crane. The Hill Times photograph by Andrew Meade

Canada’s been on easy street for too long

OpinionBY DAVID CRANE
  • The International Monetary Fund presents a sobering outlook for Canada's economy over the next few years, warning us again that we need to become more innovative and creative so that our productivity performance improves.

Canada’s been on easy street for too long

OpinionBY DAVID CRANE
  • The International Monetary Fund presents a sobering outlook for Canada's economy over the next few years, warning us again that we need to become more innovative and creative so that our productivity performance improves.
U.S. President Joe Biden, right, pictured holding a virtual joint press statement with Prime Minister Justin Trudeau on Feb. 23, 2021 in the White House. Mr. Biden has continued the America First economic policy pursued by previous presidents. Photograph by Adam Schultz, courtesy of The White House

Reliance on U.S. remains a threat to Canadian economy

OpinionBY DAVID CRANE

Reliance on U.S. remains a threat to Canadian economy

OpinionBY DAVID CRANE
Finance Minister and Deputy Prime Minister Chrystia Freeland, pictured Sept. 15, 2020, at a press conference in Ottawa. The reality today is that we are not up to the challenges of a much more competitive global economy and failure to respond will mean a stagnant standard of living and an inability to afford the things we need to do as a country, writes David Crane. The Hill Times photograph by Andrew Meade

Freeland’s first budget must set Canada on a strong investment-innovation growth path

OpinionBY DAVID CRANE

Freeland’s first budget must set Canada on a strong investment-innovation growth path

OpinionBY DAVID CRANE
Former Bank of Canada governor David Dodge released a paper in September recommending a plan to get Canada's stagnant economy on track. Finance Minister Chrystia Freeland is in charge of crafting the government's plan, which will be unveiled in the upcoming Throne Speech and the next budget. The Hill Times photograph by Andrew Meade, file photograph

Liberals should heed David Dodge’s plan to fix the economy

OpinionBY DAVID CRANE

Liberals should heed David Dodge’s plan to fix the economy

OpinionBY DAVID CRANE
Finance Minister Bill Morneau, pictured on the Hill. Despite all the optimism in the fiscal outlook on how well Canada is supposed to be doing, there are good reasons to have serious concerns about the future, writes David Crane. The Hill Times photograph by Andrew Meade

Bottom line? Canada’s potential growth rate remains in decline

OpinionBY DAVID CRANE

Bottom line? Canada’s potential growth rate remains in decline

OpinionBY DAVID CRANE

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