Drew Rankin’s Post

Paul Samson and I are delighted to elevate the policy discourse around Canada's strategic options under U.S. protectionism in our latest op-ed featured in the Canada's National Observer: https://lnkd.in/gc3UQJhz. With Inauguration Day nearing, we highlight the urgent need for Canada to adopt a strategic, innovation-driven approach amidst rising U.S. protectionism. "This is not a drill; the game is on." It is essential for Canada to learn from past experiences and craft a cohesive strategy that bolsters our economic and strategic position globally. "The rapidly evolving global arena...has raised the stakes for countries vying for economic leadership." Consider our insights on how Canada can accelerate its economic transformation and proactively secure its future in a tumultuous global economy. Together, let's chart the path forward calmly but boldly! #CIGI #CanadaFirst #CUSMA #Innovation #TradePolicy #EconomicStrategy #UWaterloo #GlobalLeadership #EconomicSovereignty #TechInnovation #DigitalEconomy #GlobalSupplyChains #GlobalValueChains #IntellectualProperty #ArtificialIntelligence

The Economic Brief is our monthly video series that breaks down - in a short, sweet and digestible way - the biggest issues in the Canadian economy. Today we've got some insight into what Canada's lower immigration targets mean for employment and economic growth.

Canada lacks productivity! (Does it sound strange?) - Not to me.. Here is one interesting piece: Canadian-American economist Rob Atkinson believes Canada's innovation sector needs a cultural shift to embrace big business and foreign firms. He sees an "American confidence" as beneficial and argues that acknowledging problems is a necessary first step to fixing them. Atkinson is critical of Canada's lagging productivity and believes the country has fallen behind others. Economic development is heavily based on enabling policies. (Policy makers need to focus on that, businesses grow better in lesser regulated economies) #Canada #Canadaeconomy

85% of Canadas total FDI investments come to these 14 metro regions, We work collectively to promote Canada and our respective provinces when overseas. True alignment on our individual value propositions that promote Canada as a great place to invest. The Edmonton Region is Canada 5th largest economy. #CCCA #edmontonglobal #fdi

Last week, L'Hon./Hon. Amina GERBA, M.B.A., C.Q.🇨🇦 and I spoke about our report on the progress of Black entrepreneurs in Canada. We firmly believe that Canada’s future prosperity depends on the extent to which we embrace diversity, equity and inclusion, not just as a social priority but as an economic one. Homogeneity, be it in venture capital or business, delivers lower investment returns. Homogeneity is a business risk. Why? When you keep applying the same old “solutions” to the same old problems you get the same results. Canada must be globally creative and competitive if we are to implement the innovations necessary to address our stagnant productivity growth. Diversity is an advantage… it is Canada’s competitive advantage. Our collective prosperity requires that we find ways to ensure that Canada harnesses the full potential of this global opportunity. Our report, observations and recommendations can be found here: https://lnkd.in/eCM8BnK7 Senator Gerba and my statements to colleagues in the Senate about the importance of this economic priority can be found in the video below. #Diversity #Equity #Inclusion #DEI #Entrepreneurship #Investment #Innovation #Productivity #Prosperity

What can we say, we look good in silver. Canada ranked 2nd in the 2024 FDI Confidence Index, based on our strong tech capabilities. 🥈 This means even more job opportunities and higher economic growth! For more info, check out ⬇ https://lnkd.in/g__hGfsP Invest in Canada | Investir au Canada | Invest Ontario | Federal Economic Development Agency for Southern Ontario | Agence fédérale de ... | York Link | York Region Economic Development | Halton Business | Toronto Region Board of Trade | City of Toronto

Economic disaster? Or the dawn of a new golden age for business? Or something in between? There's a lot of emotion today! Elation. Grief. Joy. Shock. Setting aside the emotion, we must ask: What now? Central to the conversations are questions about the economy. And perhaps more than most nations, Canada has a lot at stake. There are 5 basic scenarios that could unfold in the coming months and years. And we must prepare for them. These 5 scenarios are the basis of my current round of presentations, titled "Strategic Moves: how Canada needs to respond to the 47th President." What do you think? 🔥 Will the next president be good for America's economy? 🔥 What will it mean for Canada? A net positive or negative? 🔥 How will the rest of the global economy fare, and will it matter? I'd love to hear your thoughts! For speaking bookings, please visit website of Speakers Spotlight (Image credit: The Washington Post)

#ConsiderCanada Semi-Annual Board Meeting | Ottawa, Canada Representatives from the Consider Canada City Alliance (CCCA) gathered for a productive session with François-Philippe Champagne, Canada's Minister of Innovation, Science, and Industry, engaging in a roundtable conversation to enhance Canada's appeal as the preferred destination for foreign direct investment (FDI). CCCA brings together CEOs representing investment attraction agencies across Canada's 14 key regions. Emphasizing collaboration, we aim to strategically position Canada's value proposition to attract global investment. Our collective efforts focus on fostering economic growth, job creation, and community development across the nation 🇨🇦. Invest Vancouver, Calgary Economic Development, Economic Development Winnipeg, Hamilton Economic Development, London Economic Development Corporation (LEDC), Waterloo EDC, Toronto Global, Montréal International, Invest Ottawa, Québec International, Halifax Partnership, Niagara Canada - Economic Development, Invest Surrey

Today we will be presenting key findings from our 4th annual National Scorecard on Canada’s Growth and Prosperity at our Building for Growth event. What did we learn? 💡 Building a stronger future means more than just growing our population – it’s about growing well, including supports like affordable housing, stronger public education and infrastructure investments 💡 For the first time in several years, the United States is outpacing Canada on early-stage entrepreneurship – how do we encourage innovation-driven growth?  💡Although Canada continues to enjoy a strong global reputation, public support for immigration levels significantly declined domestically – to continue attracting the best and brightest, we need to restore public confidence in our immigration system Stay tuned, as we’ll be releasing the full 4th annual National Scorecard on Canada’s Growth and Prosperity on Monday, June 10. #BigBoldCanada #cdnimm #growth #innovation #economy

Fraser Insitute: Canada’s record of underperforming international peers pre-dates COVID A Comparative Analysis of the Economic Performance of Canada and Its OECD Competitors, 2007-2019 finds that over the last business cycle (2007 to 2019), and long before the COVID-19 pandemic struck, Canada was already underperforming other advanced countries on important investment, employment and productivity measures that are key to higher living standards.