By Fraser Institute —— Bio and Archives--February 7, 2023
VANCOUVER—Innovation in Canada—a key driver of higher living standards—has declined relative to a peer group of 15 similarly advanced countries in recent years, while at the same time, innovation in the United States is on the rise, finds a new study released today by the Fraser Institute, an independent, non-partisan, Canadian public policy think-tank.
“Innovation is a crucial ingredient in improved productivity and higher living standards, but unfortunately, Canada’s innovation performance over the past decade has been unimpressive to say the least,” said Steven Globerman, senior fellow at the Fraser Institute and co-author of Taxes, Innovation, and Productivity Growth.
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