Aligning standards and reducing barriers to competition within Canada are a necessary precondition for Canada’s global economic success.
If We Can Fix It Here, We Can Make It Anywhere: Effective Policies at Home to Boost Canada’s Global Success
If We Can Fix It Here, We Can Make It Anywhere: Effective Policies at Home to Boost Canada’s Global Success
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Politicians at all levels tend to invest heavily in trade and investment missions, fairs, and negotiations abroad. However, the evidence suggests that changes to Canadian policies are likelier to result in better global economic outcomes for Canada. If We Can Fix It Here, We’ll Make It Anywhere: Boosting Canada’s Global Economic Success Through Effective Policies at Home discusses five types of barriers that Canada can control—such as labour mobility and infrastructure restrictions, and regulatory differences between provinces—as well as some of their likely effects. Improved alignment of standards and practices within Canada, along with the reduction of barriers to competition, should be policy-makers’ starting point. After reform at home, trade promotion and negotiation abroad will be better able to boost Canada’s global economic performance.
This report was produced by Signal49 Research’s International Trade and Investment Centre that examines the implications of global economic dynamics for Canadian business and governments leaders. More on the Centre’s research, events, and membership
