Canada
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May 3, 2024|Testimonies & Filings
Comments to the Competition Bureau Canada Regarding AI and Competition
The artificial intelligence market in Canada is still in its early stages but is growing rapidly and becoming increasingly competitive. At this juncture, there is no clear evidence of market failure, substantial barriers to entry, or exclusionary practices that would necessitate intervention.
May 2, 2024|Blogs
Canada Needs a “Canadian” Productivity Commission
Canada needs a productivity commission. But instead of emulating Australia’s model, which is driven by orthodox neoclassical economics, it should take guidance from “productionists” with a deep understanding of firm, industry, and technology dynamics.
May 2, 2024|Blogs
The Australian Productivity Commission: Don’t Try This at Home
On the Australian Productivity Commission’s watch, productivity growth in Australia over the last two decades is at its lowest for 60 years, with accompanying real wage stagnation.
April 30, 2024|Events
Reviving Canada’s Innovation Economy
Watch now for ITIF's launch event for the Centre for Canadian Innovation and Competitiveness, an Ottawa-based ITIF affiliate focused on tackling these issues. The event featured an expert panel discussion on a new report from the Centre examining the how and why of Canada’s performance on key measures of productivity, innovation, and competitiveness.
April 29, 2024|Reports & Briefings
Assessing Canadian Innovation, Productivity, and Competitiveness
Canada faces unprecedented challenges in innovation, productivity, and competitiveness. The first step in addressing them is to develop a clear understanding of the Canadian economy’s underlying structure and performance in each area. Policymakers must then tailor strategies for specific industries and technologies instead of focusing on principally on macro factors.
April 19, 2024|Blogs
Canada’s 2024 Federal Budget: The Good, the Bad, and the Maybe for Innovation, Productivity, and Competitiveness
The word “innovation” appears a total of 97 times and “productivity” 63 times in Canada’s 2024 federal budget, and many measures targeted towards innovation and productivity reflect that focus. However, some of the funds being disbursed are tangential at best to actually addressing Canada’s declining productivity and supporting Canada’s innovation ecosystem.
April 4, 2024|Op-Eds & Contributed Articles
Canada Wants Europe’s Competition Policy? It Will Also Get Europe’s Economic Stagnation
The changes two bills are making to reduce market concentration in the Canadian economy pose grave risks to the future of the innovation that is essential to keeping Canada’s innovation economy from declining even more.
April 2, 2024|Testimonies & Filings
Comments to Canada’s Department of Finance Regarding Scientific Research and Experimental Development Tax Incentives
By changing the tax credit to be quasi-incremental, unifying the rates between small and large businesses, and simplifying the filing process, the government will be able to incentivize private R&D spending more effectively.
March 22, 2024|Blogs
Still Buffering: Why Canada’s Online Streaming Act Isn’t a Blockbuster Hit
Instead of promoting and supporting Canadian content, the Online Streaming Act passes costs on to consumers. The government needs to modernize the way it thinks about supporting Canadian content and leverage technological innovation instead of fighting it.
March 1, 2024|Testimonies & Filings
Comments to the Canadian House of Commons Standing Committee on Industry and Technology Regarding the AI and Data Act
If the proposed the proposed Artificial Intelligence and Data Act (AIDA) is implemented as is, Canada may not be able to fully realize the economic benefits that AI will bring.