Vigorous market competition is a critical driver of firm-level innovation, which is the major contributor to enhancing productivity growth.
Core sectors of the Canadian economy remain protected from the full forces of global – sometimes even inter-provincial – competition.
This undermines their incentive to invest in new technologies, innovative management practices and other productivity-enhancing strategies. It also makes them less able to compete on the world stage.
For more thoughts on the key concerns that we addressed at this event, read our Issues Deck here.
Wednesday January 30, 2013
4:30 PM, Château Laurier Hotel, Ottawa
The competition dimension of innovation and productivity performance is often overlooked in discussions of federal policy, which focus on R&D credits, innovation policy and funding, corporate tax cuts and such like. This panel squarely addressed the issue of competition, focusing on who gains and who stands to lose from changes to the status quo, and how policy in this difficult area is best implemented. Read a summary of the event here.
- Melanie Aitken, former Commissioner of the Competition Bureau of Canada
- Marcel Côté, KPMG LLP
- Glenn Ives, Chair of Deloitte Canada
- Hon. John Manley, PC, President and CEO, Canadian Council of Chief Executives
Read our background paper Competition Matters by Grant Bishop.
Listen to a podcast on why we think competition matters.
And click here to read commentary on why protected sectors can be a barrier to productivity.