Century Initiative: Canada’s Growth Engine is Stalling
2025/10/23 Leave a comment
Continuing to pivot to a more realistic and comprehensive approach, rather than simplistically arguing for more immigration.
Of the 40 scorecard measures, 11 are leading or are on track, while 29 need attention or falling behind, notably among economic indicators:
| Key Takeaways Build for today—plan for 2050: With growth stalling and the median age rising, Canada needs a smart population plan that balances housing and services now while sustaining a skilled workforce, a resilient tax base, and competitiveness anchored in cross-government collaboration and real-time data. Turning strengths into results: Canada’s talent and startup energy aren’t translating into growth. We lag peers on R&D, productivity, and scaling firms, eroding GDP per capita. The next five years must focus on incentives for R&D and competition, support for scale-ups, and tighter links between education/training and high-value jobs. Compete to win talent: Canada can seize a global opening if immigration policy is stable, predictable, and competitive. A rules-based system that fuels workforce growth and innovation is essential to long-term fiscal resilience. Affordability, competitiveness, and resilience—one agenda: Affordability isn’t just a pocketbook issue; it underpins productivity, social cohesion, and trust. A comprehensive plan on housing supply, household debt, wages, and inequality is critical to economic durability. National security starts with the economy: Economic, demographic, and military security are inseparable. Meeting global commitments requires defence investment alongside modern data systems, deeper cybersecurity talent, and more diversified trade. |
Source: Canada’s Growth Engine is Stalling, National Scorecard on Canada’s Growth and Prosperity
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Multicultural Meanderings 