Mark Lowey

Canada risks “severe economic and social consequences” if it doesn’t improve innovation performance: CCA report

Mark Lowey
November 26, 2025

Canada risks "severe economic and social consequences" without improvements to its science, technology, and innovation ecosystem, according to a Council of Canadian Academies expert panel report, chaired by Ilse Treurnicht, entrepreneur and former CEO of MaRS Discovery District. Lagging R&D spending declining productivity, and failure to translate research into commercial success threaten Canada's economic prosperity and standard of living.

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Other stories mentioning these organizations, people and topics
Organizations:
Council of Canadian Academies, Innovation, Science and Economic Development Canada, MaRS Discovery District, Organisation for Economic Development and Co-operation, and United States Patent and Trademark Office
People:
Ilse Treurnicht and Tijs Creutzberg
Topics:
AI, Canada's innovation ecosystem, Canada's innovation performance, Commercialization, economic growth, ecosystem, innovation, patents, policy, R&D, Research, science, skills, startups, talent, and technology

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