The Hill Times
TORONTO—It is set out as a British problem. But it is exactly the same problem in Canada. We are failing to capture the benefits from our big investments in talent, discovery-based research, and early-stage next-economy businesses. Instead of supporting our best entrepreneurs to build their ideas into global-scale businesses, we are selling off our potential to foreign owners who will reap the benefits. We face a diminished future as a result.
allocates a share of government R&D spending to small businesses to develop new technologies needed by government departments. •How do we spread the use and application of breakthrough technologies by Canadian businesses across the economy? Our nation lags in capital investment in new technologies, yet these technologies could boost productivity and competitiveness. Technology diffusion is vital. There are other ideas in the Cambridge report.
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