Much is riding on Trudeau government’s promised innovation agenda

Finance Minister Bill Morneau and Economic Development Minister Navdeep Bains are busy these days delivering aspirational messages. But, as a once popular TV commercial used to ask, 'where’s the beef?'
The IMF says Canada’s special tax treatment for small business is counter-productive. Yet all three parties are committed to further tax cuts for small business, with Finance Minister Bill Morneau’s first budget stating that this is in the works.
TORONTO—In its latest report on Canada, the International Monetary Fund has some words of advice as the Trudeau government attempts to put together an innovation agenda. The timing is right, it said, to push measures to raise Canada’s productivity growth which, as the IMF noted, has lagged behin...

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