Innovation for a public purpose

Unfortunately, Canadian governments have focused too much on subsidizing technology 'creation' by a few firms, instead of widespread technology 'adoption' by all firms. To improve Canadian productivity we need to pivot and support widespread technology adoption.

Since public money is being used by governments to support innovation, its effectiveness should be measured by the public benefits that it provides to citizens, in order to improve their quality of life. That's why all federal support for innovation should be designed to serve a clear public purpose, writes David Watters.Image courtesy of Pexels.com

Opinion

BY DAVID WATTERS

October 20, 2025

The idea of innovation can be difficult to understand. Fortunately, the Organisation for Economic Co-operation and Development has been studying and measuring innovation for several decades and has fixed on a common definition, which OECD countries use, including Canada.

To keep reading, subscribe and become a political insider.

Only $7.76 a week for an annual subscription.

Enjoy unlimited website access and the digital newspaper.

Cancel anytime.

Already a Subscriber?

Get Tuesdays: Innovation & Industry Newsletter

The policies, decisions, and people working on investment and regulation in the industry and innovation realm.

By entering your email address you consent to receive email from The Hill Times containing news, analysis, updates and offers. You may unsubscribe at any time. See our privacy policy