Canada has gone from ‘leader’ to ‘backwater’ in global digital economy competitiveness, say critics

Feds have spent $7.4-billion directly on R&D and have given up $3.5-billion in tax revenue under the Scientific Research and Experimental Development tax credit.

Industry Minister Tony Clement has said that by 2020, Canada will boast a "globally competitive digital economy." While one policy analyst says it's possible, opposition critics are wondering why Canada isn't becoming more competitive sooner.

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