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The Canadian Chamber of Commerce. Canada’s Opportunities and Barriers for Success May 12, 2011 Toronto, Ontario Chris Gray Director, Innovation Policy cgray@chamber.ca. Our Members Corporate Members 420 Chambers Associations

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the canadian chamber of commerce

The Canadian Chamber of Commerce

Canada’s Opportunities and Barriers for Success

May 12, 2011

Toronto, Ontario

Chris Gray

Director, Innovation Policy

cgray@chamber.ca

the canadian chamber of commerce1
Our Members

Corporate Members

420 Chambers

Associations

Representing businesses of every size, from every sector and every region in Canada

Mandate = Canadian Competitiveness

Priority Files

Canadian IP Council

The Canadian Chamber of Commerce
2011federal election
2011Federal Election

CONSERVATIVE MAJORITY

  • Majority government should make lobbying more stable for four years.
  • Harper’s mandate will develop over the next few months.
  • Responsibility to deliver for business.
  • “Orange Crush” in Quebec.
  • Chamber calling for a pro-growth strategy.
  • Government will set cabinet posts in the coming days, most likely return to work on May 30th or June 6th – Throne Speech, Budget.
canada s business game plan
Canada’s Business Game Plan
  • Canada is an economic leader among the G8 nations.
  • Decent growth due to global demand for commodities and better than expected expansion in United States.
  • More than 300,000 jobs added to the Canadian economy in the last twelve months.
  • With the loonie trading at or above par for the balance of 2011, Canadian businesses will be under more pressure to improve productivity to compete.
  • Corporate tax reductions.
conference board of canada report
Conference Board of Canada Report
  • Still lagging in productivity and living standards, loonie’s rise has helped somewhat.
  • Canada continues to invest less in machinery and equipment than other major industrialized nations.
  • Remain at the back of the pack on labour productivity, a key economic challenge for Canada.
  • Income gap between Canada-U.S. has narrowed, but it and productivity gap forecast to grow again.
  • Lagging investment ranks Canada 12th out of 17 countries.
intellectual property in canada
Intellectual Property in Canada
  • Effective criminal and civil enforcement requires policy and legislation.
  • In 2007, two Parliamentary Committees (Industry and Public Safety) issued unanimous reports that called on the government to take action.
  • Canada continues to lag in digital business innovation and investors are unwilling to embrace new business models built on a shaky IPR legal framework.
  • Launched the Canadian IP Council in 2008.
canada ip
Canada & IP

11th

Most Innovative Economy

$29 CDN billion

R&D funding in 2010

$84.6 billion

In 2007, Canadian culture and creative sector estimated at

$1 million jobs

in the culture and creative sector

ip for innovation and economic growth
IP for Innovation and Economic Growth
  • Over 15,000 people are directly employment by the more than 50 research-based pharmaceutical companies in Canada. These companies contribute an annual $4 billion to the Canadian economy.
  • In the Kitchener-Waterloo region, 400 high-tech companies (whose strengths are in software, microelectronics and telecommunications) generate revenues of $4.6 billion annually and employ 15,000 people.
  • In BC, approximately 6,000 companies, active in the information and communications technologies sector, generate revenues of $9 billion and employ about 46,000 people.
ip for innovation and economic growth1
IP for Innovation and Economic Growth
  • International Chamber report – February 2011

IPR:

    • benefit the economy;
    • promotes innovation;
    • helps firms monetize their

innovations and grow; and

    • helps SMEs grow.
  • IP represents 4-11% of

GDP in G8 countries

r d panel ccc priority issues
R & D panel – CCC priority issues
  • Government has a definite role to play, but businesses must also continue to evolve their business models with a greater focus on innovation.
  • Government programs, like the Science Research and Experimental Development (SR&ED) program, are key to the early success for many Canadian companies.
  • Venture capital is also a key element.
  • Ownership of intellectual property is of principal importance to a successful business/post-secondary partnership. There should be one model that is used across the board.
  • Adoption of smart technologies.
barriers to increasing competitiveness
Barriers to Increasing Competitiveness
  • Weak intellectual property rights laws
  • Inter-provincial trade barriers
  • Lack of start-up capital
  • Immigration policies
  • Lack of skilled workers
ccc s economic edge conference
CCC’s Economic Edge Conference
  • What can government do to better position Canada for future growth in ICT e-business adoption?
  • How can we work together to better make the link between technology companies and venture capital?
  • Can universities and colleges finally come up with one good model for the commercialization of research? Bridging the gap between universities/business/incubators.
  • What conclusions will come from the government’s federal review of R&D in Canada?
  • Is Canada a leader or laggard in green/smart innovation?