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Studies have shown that Canada is not seen as innovative in the world. For example, the World Intellectual Property Organization’s Global Innovation Index placed Canada in 15th place, among the world’s 25 most innovative nations in 2016.

As a result, the Canadian Advanced Technology Alliance (CATA) led a team to create five public policy recommendations for all political parties.

The 5 recommendations are:

  1. Recognize that while Canada remains strong in terms of the quality and impact of its scientific output, it is lagging further and further behind, in its ability to commercialize that output and generate wealth;
  2. Create a 21st Century Tax Commission, focused on improving the nation’s support for innovation through fiscal measures, test all recommended measures through robust public consultations, and deliver a final report in twelve months;
  3. Complete the scientific research and experimental development (SR&ED) review with proposed improvements and then test them through robust public consultations;
  4. Support current work on developing a modern IP system with appropriate fiscal measures for IP exploitation in Canada and also provide assistance to cover some of the costs of the patent process;
  5. Publish benchmarking metrics comparing Canada to other leading countries building innovative capacity.

HRAI urges its members to review the petition. If you agree with it, you can sign the petition online at:

https://www.change.org/p/justin-trudeau-yes-canada-to-adopting-5-all-party-election-platform-recommendations?recruiter=209732296&utm_source=share_petition&utm_medium=copylink&utm_campaign=share_petition

For more information contact Scott Papp at 1-800-267-2231 ext. 233 or spapp@hrai.ca