March 10, 2020
Since its founding, Canada has always stood proudly among the world’s leading nations as a democracy and an advanced economy, and as a country that welcomes people from around the world – whether as students or as members of our diverse, cosmopolitan society. Canada has an expansive geography and abundant natural resources. Yet Canada has been shy about taking its place among the world’s leading economies when it comes to celebrating our technology and innovation. I sometimes wonder if ...
March 3, 2020
Alberta – and this city – are profoundly important to me both personally and professionally. I was born and raised in Calgary and my wife, Megan, was born in Edmonton. I spent summers working on the oil rigs to pay my university tuition. I’d like to believe that the entrepreneurial spirit that is so foundational to Alberta’s strength and resilience rubbed off on me all those many years ago. Scotiabank opened its first Alberta branch in 1903 and over the ...
March 3, 2020
Countries and jurisdictions around the world are attempting to realize the opportunities and address the challenges of a data-driven world. Canada can be a leader in this area, but we must move quickly. This report is the culmination of several years of policy work with the goal of developing a made-in-Canada framework that strikes an appropriate balance between market forces and regulation. The first major step was the formulation of nine Data Principles in September 2018. The next key milestone was ...
February 18, 2020
Recently a narrative has taken hold: Ontario’s manufacturing sector is uncompetitive and in decline. In fact, the truth is the exact opposite. Manufacturing is entering a new, innovation-driven era that will play to our strengths. Many manufacturers are thriving in Ontario and Canada – including in the auto industry. We are seeing exciting opportunities in all types of vehicles: electric, hybrid and internal combustion. There will continue to be a mix of vehicle types for at least the next two ...
February 11, 2020
One hundred years ago, trust in financial services was anchored around financial stability and strength. Will this bank be able to safeguard my deposits? Will this insurance company be around in 50 years to pay my claim? We responded by building large, stately buildings of granite and marble, buildings that would last for centuries. They were designed around trust – to impress upon clients that their families, their investments and their future would always be safe and protected. Today, most people take ...