Innovation and private sector ‘not the enemy’ under Carney government, but tax reforms needed to support entrepreneurs, say innovation sector reps

Canada ranked 16th overall out of 139 economies in the 2026 Global Innovation Index, a slight improvement over its 17th spot the previous year.
Prime Minister Mark Carney's government has created a climate 'better for entrepreneurs in general,' but there is still 'a lot of room to grow here,' according to Laurent Carbonneau, vice-president of policy and advocacy with the Council of Canadian Innovators.The Hill Times photograph by Andrew Mead
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BY JESSE CNOCKAERT
October 19, 2026

Innovation policy wonks say they're feeling a positive “tonal shift” under this Liberal government, but helping the country surpass competitor nations in commercializing research will require some reforms, including to a tax regime they argue isn’t currently incentiviz...

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