Industrial policy may be the missing link for Canadian productivity

A more co-ordinated industrial policy that measures results and learns from failure could result in less waste, and fewer bad bets.
François-Philippe Champagne
Innovation Minister François-Philippe Champagne. Some of Canada’s biggest innovations have come from speculative investments underpinned by government spending, writes Steve Lafleur.

You’ve heard the word “crisis” a lot in Canada. Productivity crisis. Climate crisis. Housing crisis. All these various crises are real. Yet there seems to be a lack of urgency about them. Part of it is that these are complex issues, requiring multifaceted solutions. We...

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