Budget 2024

April 16 budget must prioritize growth 

Statement by The Honourable John Manley on today’s launch of national consultations on digital and data transformation:

“Canada has long been a leader in privacy protection, and Canadian researchers are at the forefront of breakthroughs in artificial intelligence. Today’s announcement creates an opportunity to build on these strong foundations and promote a more innovative and responsible data economy.

“In every facet of life – from navigating rush-hour traffic to diagnosing diseases before they strike – data-driven innovation is helping people make better decisions and improving Canadians’ quality of life. Businesses large and small, in practically every sector, are using data to develop better products, enhance service to customers, and make their workplaces safer and more productive.

“The data economy isn’t just about internet companies and fintech: some of the most interesting examples of data-driven innovation are in traditional industries such as energy, mining, agriculture and construction – industries in which Canadians excel and that support millions of well-paying jobs.

“Canadians understandably have questions about how data is collected, used, shared and controlled. Canadian business leaders take these concerns seriously. They are also increasingly worried about their ability to compete on a level playing field with new digital players. The Business Council of Canada is committed to working in partnership with government to develop a data economy that inspires trust and confidence, and supports innovation and competition.”