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Add a filter on Committee Evidence - FINA-47
Committee Evidence - FINA-47
2021-05-20
Sean Fraser - 13:39
Jim Balsillie
2021-05-20 13:40
...More
We have a problem in that we view firms as homogeneous while they're strikingly heterogeneous in the evolution of the last 20 years, and we view jobs as relatively homogeneous when in fact they have entirely different characteristics for the benefit of the individuals and the country. My number one recommendation is that we do not have the capacity to analyze and create programs and implement and monitor programs to get the outcomes we're looking for in the quality of jobs, the quality of firms, the quality of productivity and the quality of security, which is in this 91% of the economy called intangibles. We talk the game, but we have to understand that Canada adopted an orthodoxy of extreme neo-liberalism 30 years ago.
The economist who wrote for the Macdonald commission, said that if you're going to liberalize labour, capital and markets, that's fine, but you have to pair it with an industrial innovation strategy or we'll go to a low-productivity, low-growth equilibrium. That was Richard Harris. He was the economist for it, and they ignored.... It was a two-book treatise and they only took one of the books. The first thing we have to do is to have capacity, or we're just going to keep, which is the definition of insanity, doing the same thing over and over again and expecting a different outcome.
...Less
Budget 2021 (April 19, 2021)
C-30, An Act to implement certain provis ...
Government bills
Innovation
Strategic Innovation Fund
Hon. Wayne Easter - 13:41
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INTERVENTION
Balsillie, Jim
2021-05-20 13:40
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