We need a different kind of industrial strategy

One that creates opportunities and domestic markets for the most promising young companies, such as acceleration of smart cities, clean energy, sustainable water systems, new forms of urban design, agri-food genomics, smart materials, and health care.
Canada today lacks such a coherent strategy for the future. It is not coming from government, from our universities, our business organizations or our think tanks. Yet it is hard to think of a more pressing need. Without such a strategy we will only offer the world a dated catalogue that’s far less attractive than those of our competitors. And that means we will be a poorer country, writes David Crane.
TORONTO—Think of all the tradable goods and services we produce across Canada— from canola oil and Canada Goose parkas, to tourism and Shopify’s e-commerce platform—as Canada’s export catalogue. That’s what we are offering to sell to the rest of the world—and the success of our catalog...

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