Canada has no core industries with a competitive edge except for resource extraction.
Bombardier tried and got fucked by the US.
Nortel tried and got fucked by China.
Blackberry tried and got fucked by itself.
Canada does have the potential for innovation, it just requires far more economic protectionism than most governments have the stomach for.
Today? I think Canada has a ton of potential if a few key categories without competition: agricultural technology, forestry technology, fisheries technology. Canada is also investing heavily into emerging fields like quantum computing and nuclear fusion. What’s missing is support for fields that are popular today: robotics, artificial intelligence, and skilled heavy manufacturing (trains, planes, etc.). That’s a problem.
Canada needs to better isolate it’s technology from competitors in the US and China. We can’t let them tear our companies to shreds.
very recently Industry Canada was trumpeting Canada’s advantages in AI. Many key researchers were at Canadian universities, so there was a pretty good R & D lead at one point.
Canada even has a “Scale AI” industrial supercluster.
Canada has no core industries with a competitive edge except for resource extraction.
Bombardier tried and got fucked by the US.
Nortel tried and got fucked by China.
Blackberry tried and got fucked by itself.
Canada does have the potential for innovation, it just requires far more economic protectionism than most governments have the stomach for.
Today? I think Canada has a ton of potential if a few key categories without competition: agricultural technology, forestry technology, fisheries technology. Canada is also investing heavily into emerging fields like quantum computing and nuclear fusion. What’s missing is support for fields that are popular today: robotics, artificial intelligence, and skilled heavy manufacturing (trains, planes, etc.). That’s a problem.
Canada needs to better isolate it’s technology from competitors in the US and China. We can’t let them tear our companies to shreds.
very recently Industry Canada was trumpeting Canada’s advantages in AI. Many key researchers were at Canadian universities, so there was a pretty good R & D lead at one point.
Canada even has a “Scale AI” industrial supercluster.
https://ised-isde.canada.ca/site/global-innovation-clusters/en/innovation-superclusters-initiative-economic-analysis-final-report#4.4
Doesn’t really seem to be stimulating much public noise.
The problem has long been that R&D happens in Canadian universities, the implementing and selling the technology goes to the US unfortunately.