Canada gets “D” in Conference Board of Canada report card on innovation

In its report card, “How Canada Performs”, the Conference Board of Canada gave Canada a “D” for innovation. It found Canada ranked 14th out of the 17 countries surveyed and lack of innovation was harming the economy.

What makes the report card surprising is that the Canadian government spends more on research and development, as a percent of GDP,  than any of the other countries surveyed. The problem is how the money is spent.

Government action on land development needed for economy and environment

Loss of industrial land harms environment as well as economy. Dealing with the problem requires governments take a more aggressive role in protecting industrial land.

When factory owners can make more money selling their land for condos than manufacturing goods, they are going to close the factories, as economist Jim Stanford pointed out in a recent column.


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