Canada missing out on lucrative IP economy

The Liberal government has shown no sign that it recognizes the problem: that Canada's economy is designed to subsidize intellectual property holders in other countries.

Industry Minister François-Philippe Champagne, writes David Crane, has been writing big cheques to pay foreign automakers to produce electric vehicles here, but the intellectually property will be owned outside Canada and the gains will flow to other countries. The Hill Times photograph by Andrew Meade

Opinion

BY DAVID CRANE

May 16, 2022

The upsurge in world oil prices, driven by the shut off of supplies from Russia, the world’s second biggest oil exporter, is benefitting Canada’s oil industry, and federal tax revenues, in a big way. But this should not make us complacent about the health and competitiveness of our...

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