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Federal innovation strategy an excellent start: CME

Ottawa, ON -- March 8, 2002 -- The release of federal white papers last month on innovation, skills and learning is...


Ottawa, ON — March 8, 2002 — The release of federal white papers last month on innovation, skills and learning is an encouraging step towards engaging Canadian industry, the academic and financial sectors and governments at all levels in a national innovation strategy, says the Canadian Manufacturers & Exporters association.

“The government’s strategy sets some fairly aggressive targets and represents a sound basis from which to go forward,” commented Perrin Beatty, president and CEO of CME. “As industry’s leading voice on innovation-related issues, we will be providing practical input on how those targets can be achieved.”

“Business itself has an important role to play in making Canada a more innovative economy,” added Beatty. “CME will ensure that manufacturers are engaged in this crucial issue, that their views and perspectives are well known, and that industry takes the lead.”

“Our goal is to make Canadian industry the benchmark of the world in terms of innovation, productivity performance and competitiveness,” noted CME chief economist Dr. Jayson Myers, who last summer authored CME’s report The Business Case for Innovation, the first comprehensive definition of innovation-related issues industry believes must be addressed. Many of those issues are reflected in the government’s innovation strategy, he said.