Ten ways to build a Canada that wins

In a year of political and economic uncertainty, the Canadian Chamber of Commerce, in partnership with the provincial Chambers across the country, has identified Ten Ways to Build a Canada That Wins, a list of key opportunities Canada can seize right now to regain its competitiveness, improve its productivity and grow its economy.

“Our list outlines specific recommendations on what Canada can do better, and the opportunities to improve our economic success. Canada can’t sit still while our competitors run laps around us. We need every advantage, and the Canadian Chamber will work with government to put these new measures in place,” said Perrin Beatty, President and CEO of the Canadian Chamber of Commerce. “If we take advantage of these opportunities, we’ll give our businesses new tools to ensure their growth and success.”

10 Ways to Build a Canada that Wins

1. Promote innovation and harness the power of data; 2. Fight global protectionism; 3. Upgrade Canada’s Regulatory System to get natural resources and other exports to world markets; 4. Work with business to combat Climate Change and maintain Canada’s competitiveness; 5. Build Canada’s Brand; 6. Grow small business to take on the world; 7. Build digital skills to compete in the New Talent Economy; 8. Assure better access to capital for Indigenous entrepreneurs; 9. Dismantle internal barriers that cost consumers and discourage investors; 10. Encourage investment by cutting the cost of doing business in Canada

In this fiercely competitive world, business needs more than its own skills to win—it also needs a supportive environment and public policies to encourage competitiveness. This new version of an annual Canadian Chamber report moves away from identifying self-inflicted wounds that have prevented Canada’s economy from achieving its full potential and instead describes the opportunities for us to do better.

“From fighting protectionism to upgrading Canada’s regulatory system or building a stronger Canadian brand abroad, each of these measures can have real and lasting effects on our economy,” said Steve Mclellan, CEO of the Saskatchewan Chamber of Commerce. “We’ve emphasized opportunities that touch Canada’s internal economy, from reducing the cost of doing business to dismantling internal barriers to trade. What we need now is a commitment to get the job done.”

“As we celebrate Canada’s 150th anniversary, we can look back at the essential role business played in shaping our country. But as we look forward, it’s clear we’ll need every advantage to continue building a more prosperous country. These 10 opportunities can provide a foundation for the next 150 years of Canadian business success,” Beatty said.

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