Canada's Economy Beyond the Year 2000
Publication:
The Empire Club of Canada Addresses (Toronto, Canada), 19 Nov 1998, p. 228-239


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Canada's Economy Beyond the Year 2000


Some meaningful dialogue about Canada's future economic prospects. Some views about where the speaker thinks we are headed, or where we ought to be headed. Turbulence and uncertainty clouding the near-term outlook. The urgent need for Canada to continue to become less dependent on commodities and better-known for its world-class technology and know-how. A review of Canada's current economic situation, and factors affecting it. The world we'll see in the new millennium, especially in terms of the division of wealth. Appropriate policies and strategies for countries wanting to be key players in this new era of wealth-creation. What Canada would need to do. A brief sketch of the speaker's own company. Pratt & Whitney's plans. Pratt & Whitney's relationship with Canada. Canada's high-tech industry. Canada, suffering from an "innovation gap," with illustrative figures. What Canada's concerns for the future should be. Some comparisons with other countries. Top priorities. The role of government. The need to develop a knowledge-based economy. Proof that Canada can measure up. Striving to ensure that Canada becomes recognised around the world as much for its know-how and highly skilled people as for its natural resources. Canada, taking its rightful place in the knowledge-based, global economy and maintaining its position amongst the wealthy nations of the world.