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.