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.
At the Canadian Chamber of Commerce’s Canada 360° Economic Summit, Penny Wise spoke on a panel about Canada’s role in the global recovery and emphasized the need for a long-term growth strategy.
“We really need to think about how to position ourselves for the future, and not let the future come to us.”
Penny Wise, President, 3M Canada
November 9, 2023
