Despite pouring billions into programs meant to spur innovation, Canada is lagging behind the developed world when it comes to its innovation performance, according to a Fraser Institute report.
The report, Innovation in Canada: An Assessment of Recent Experience, by Fraser Institute resident scholar Steven Globerman and senior fellow Joel Emes compares two key innovation indices (the World Economic Forum’s Global Competitiveness Report and Cornell University and INSEAD’s Global Innovation Index) to measure Canada’s performance when it comes to innovation.
Image: Canada’s Minister of Innovation Science and Economic Development, Navdeep Bains, has said the government’s Strategic Innovation Fund will help ‘homegrown companies become global competitors.’ REUTERS/Rebecca Cook
