Canada’s prosperity relies on global stability, the rules-based multilateral trading system, cooperation among like-minded partners and respect for sovereign states.
Canada is blessed with an abundance of natural resources, which are the source of much of the country’s prosperity. Canadian energy producers and mining companies are key enablers of the transition to a low-carbon economy.
Sound fiscal policy, investments to enhance growth and productivity, and competitive tax rates are fundamental to success in the global economy.
To succeed in today’s global economy, Canada needs a strategy that brings ideas to life and enhances the country’s competitive advantages.
An aging population and increased global competition for talent requires that Canada work harder to attract, retain and develop its human capital. Employers have a responsibility to contribute to this effort by ensuring healthy, diverse and inclusive workplaces.
In CBC’s coverage of economic issues that big thinkers say need the world’s attention in 2021, Goldy Hyder provided his perspective on how Canada will have to work harder at finding skilled workers as the population ages. He added that more emphasis needs to be put on training and immigration, as well as ensuring under represented populations are given opportunities to join the workforce.
