To fix Canada’s innovation gap, why not fix Canada’s biggest innovation program?

We could be on the verge of a tax credit that prioritizes intellectual property generation and commercialization as real drivers of future economic success.

At a time when Canada’s economic productivity is in a crisis, finalizing SR&ED reform could be the single most impactful thing that the federal government can do in the fall economic statement. The Hill Times photograph by Andrew Meade

Opinion

BY NICK SCHIAVO

October 21, 2024

Among policy leaders, we’re finally arriving at a broad consensus that Canada has a major economic problem. Our labour productivity rates have been stagnant for a decade, and the Bank of Canada's deputy governor has declared the situation to be a national emergency.

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