Industry Group Applauds Canada’s Positive Pivot to Advancing our competitive Innovation Nation
April 4, 2016

Trudeau.jpgCATA Applauds Positive Pivot to Advancing Canada’s competitive Innovation Nation -- Real Change Now


"It's an important budget, because it's laying out a review - a very extensive review - of the government's support programs for innovation over the next year" ”  (CATAAlliance)   



Ottawa, On…CATAAlliance, a recognized champion of Canadian innovation and entrepreneurship has applauded the Government of Canada’s (GOC) pivot to Innovation leadership as one of the key go forward federal budget themes.


“ We are delighted with the the GOC focus on accelerating Canada’s innovation leadership as articulated by recent news comments by the Prime Minister, Minister of Finance and Minister of innovation, science and economic development,” said CATA CEO, John Reid.


CATA National spokespersons, and members, CATA Innovation Leadership Council, Josh Blair,  Executive Vice President, TELUS Health and TELUS International and President Business Solutions West, Peter Aceto, President & CEO, Tangerine, and Micheál J. Kelly,  Dean, Lazaridis School of Business and Economic, offered further commentary:


“ We share a common community goal to cultivate Canada’s considerable strengths and eliminate every barrier to inhibiting their full contribution to competitiveness, a goal that is vital to realize the improvements that will let Canada rank amongst the highest performers as an innovation based economy.”


In support of the Innovation agenda, CATAAlliance has tabled several Discussion Papers on key innovation topics, including a list of Core Policy Planks as part of helping to create insights into how to best advance Canada’s innovation and competitiveness ranking to number one from middle of the pack.


Readers can review the CATA Mission, Innovation Priorities and Key Policy Planks at:

http://www.cata.ca/Media_and_Events/Press_Releases/cata_pr11301501.html  


Ideas and guidance were crowdsourced from the CATA Social Media Group comprising 12 thousand opt in members across the nation and in key global markets, including added guidance from the CATA Innovation Leadership Council members.


John Reid.jpgCATA CEO John Reid speaks to these issues and shares perspectives on advancing Canada’s competitive innovation nation in a recent TechNOW interview on Canada’s competitive Innovation Nation (video remarks)



Core Policy Planks for the competitive Innovation Nation


As the government develops and implements Real Change Now policies and approaches and creates innovation strategy budgets, it should focus on seven Core Planks:


  • Developing a Competitive Innovation Nation, National Brand for Canada based on Regional Advantages;

  • Creating a new Strategy for industry that perceives and exploits parallel physical, digital and intangible value streams, linked to strategic approaches to the growth of our innovative businesses through effective commercialization of products and services, supply chains, exports, increased international mandates, expansion of social enterprise and government procurement;

  • Responding to the Flat World of global competition with the removal of trade barriers, streaming of regulatory and labour practices and the provision of support to equal the playing field for Canadian competitors and investment in the infrastructure needed to preserve and expand market strength;

  • Simplifying Canada's tax system to eliminate structural disconnects that discourage the full development and growth of our innovation businesses to the benefit of Canada, simplify access to incentives and reduce compliance costs and investment delays due to uncertainty;

  • Determining the best practice aspects of Canada's SR&ED tax incentive program and barriers in the tax system to the exploitation of innovation. The ultimate aim being to focus them to create the environment that promotes the commercialization of our innovations and the growth of firms to their full potential;

  • Addressing the current problem facing growth-oriented Canadian firms: the attraction, retention and development of the management and leadership talent needed to direct the growth of current and emerging companies in Canada's technology sector;

  • Fostering executive leadership, including a commitment to lifetime learning, Mentorship and Diversity;

  • Developing through Mentorship the IT capability of women and encouraging women to join the technology market and enrol in technology-related studies;

  • Creating best practices and exportable technologies for Public Safety and National Security with an eye to protecting privacy, including fostering the growth of the advanced security sector; and,

  • Advancing measures to speed ICT adoption by the public and private sectors, particularly for small to mid sized (SME) businesses.


CATA CEO, John Reid (jreid@cata.ca) concluded,  “The government has again struck a cord of openness and responsible governance based on responding to consultation views from Canadian community experts. Together we can advance Canada’s innovation and competitiveness rankings by adopting forward looking public policies.”



About CATAAlliance

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The Canadian Advanced Technology Alliance (CATAAlliance) is Canada's One Voice for Innovation Lobby Group, crowdsourcing ideas and guidance from thousands of opt in members in moderated social networks in Canada and key global markets. (No Tech Firm Left Behind)