Higher levels of innovative activity drive growth in productivity. In particular, productivity growth is linked with higher pay and increased living standards for Ontarians. Yet productivity growth in Ontario has fallen steeply over recent decades, amidst a wider productivity slowdown across most advanced economies. There are three approaches that Ontario’s next government should take to boost the province’s innovative performance with these challenges in mind. This Ontario 360 transition briefing outlines them.
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May 3, 2022