Canada has a complex relationship when it comes to foreign investment from its southern neighbour, and is now facing calls to safeguard another key sector.
Speer was one of the top economic advisers under Stephen Harper’s Conservative government. Asselin was a long-time aide to Prime Minister Justin Trudeau and the main policy adviser to Finance Minister Bill Morneau for two years, before joining Blackberry Ltd. as senior policy director. “Creating innovation assets and then divesting them before commercialization or losing out on the potential to grow companies to global scale is a failure of innovation policy,” Speer and Asselin said in the report. “This is the difference between being a landlord nation of the new intangibles economy or a tenant nation.”
Sean Speer and Robert Asselin And it’s worked. Foreign investment into the sector has surged. Data compiled by Bloomberg show foreign acquisitions of Canadian software and Internet-based companies has totalled US$8.7 billion in the three years starting 2016 — more than three quarters by Americans — versus just under US$3 billion between 2012 and 2015. U.S.
Wow, all he did was legalize pot. Yep, that's it. Everything else he touched turned to shite.
Yeah sure, as if Justin would creat tough rules. Tough rules does not exist in Justin’s vocabulary.
Major fail in USMCA negotiation on IP.
We’ve lost trade with China and India is giving Canada the boot, as well as Saudi Arabia and the frosting on the cake is that the US and China are cosy with a new trade agreement in the works - Trudeau literally has NO FOREIGN POLICY and Canada is suffering from his incompetence.
Watch for the emigration of engineers just like in the late 50s after the Avro Arrow cancellation debacle. Once again Canada shoots itself in the foot. I swear we are our own worst enemy.
This can’t be true Justin says we are a world leader in technology
No Worries Prince Jackwagon's Gonna Turn the Page on SNC (again) Then He'll Do Lots of Things & Stuff (again) RCMP TeamJackwagon 🤡 BecauseIts a GongShow TrudeauJr PeterPanPM AtwalKhadrBoyleISISIran Sockboy UsefulIdiot2TheWorld PeopleKind MagicKingdom
Ssshhhh! We wouldn't want to slow down those Chinese donations to the Trudeau Foundation.
Canada can’t even get a payroll system working. Eh? News sources say, “It will take years & cost tax payers a billion” Sad times for Canada. Can’t seem to do much except Tax people and claim they provide social services.