Addressing Canada's Innovation Paradox
Blake Melnick Addressing Canada’s Innovation Paradox by Blake Melnick On Tuesday, November 4th , Mark Carney and the Liberal Party released their much-anticipated “Building Canada Strong” budget. Regardless of how one feels about its specifics, there’s little question that Carney is focused on addressing what the Conference Board of Canada calls, " Canada’s Innovation Paradox" — our chronic struggle to convert world-class education, research, and talent into sustained innovation and productivity growth. The budget takes a long-term view on how Canada can improve its capacity for innovation and translate it into measurable impacts on GDP. And while I would’ve liked to see more attention to tax reform — particularly incentives that encourage private-sector investment — and stronger commitments to eliminating interprovincial trade barriers , I still see this budget as an encouraging...






