What kind of economy is Canada building?

A purpose economy is the innovation we need.

Workers outside the Victoria Building on Jan. 21, 2026, on the Hill. A purpose economy is an economy powered by the pursuit of long-term well-being for all, in which business, government and the financial system foster an equitable, flourishing and resilient future, write Coro Strandberg and Wellington Holbrook. The Hill Times photograph by Andrew Meade

Opinion

BY CORO STRANDBERG, WELLINGTON HOLBROOK

February 2, 2026

The federal government is making consequential choices about how Canada’s economy grows. Through industrial strategy, investment tax credits, trade missions and project acceleration, Ottawa is shaping markets in the name of competitiveness, productivity and growth.

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