Canada needs a modern definition of a Canadian company to achieve the policy goal of scaling homegrown firms
By Mark Lowey
Canada needs a new, clear definition of what qualifies as a Canadian company, says the Canadian Shield Institute. The federal government’s current descriptions of which companies qualify as Canadian aren’t suitable for a global economy dominated by cross-border intangible assets and digital systems, the institute says in a new policy brief. The brief offers an operational rule for strategic policy, funding allocation and differentiation.