Unleashing the growth potential of key sectors: F2-256/2017E-PDF

"The Council believes the first step to prosperity is ensuring the right conditions are in place to promote growth in all areas in the Canadian economy. However, we also believe that certain sectors of the economy have significant untapped potential that will require focus and attention to unlock. To realize this potential, the Council suggests an approach that uses carefully selected policy actions to remove obstacles (for example, policy barriers such as excessive regulations, interprovincial trade barriers, and inefficient forms of subsidies; or market challenges such high cost of information acquisition, inadequate physical infrastructure, and shortages in skilled labour), and seize opportunities (for example, by convening private and public actors and setting a sector-wide aspiration). We recommend identifying a few sectors (e.g., 6-8) where Canada has a strong endowment, untapped potential, and significant global growth prospects. We then recommend Canada take a focused approach that removes barriers and galvanizes the sector around a bold growth agenda. Peer jurisdictions like the U.S., the U.K., New Zealand and Australia have begun to move toward this approach, and Canada should do the same"--Intro., p. 2.

Permanent link to this Catalogue Record: What is a permanent link?
http://publications.gc.ca/pub?id=9.832040&sl=0
MARC XML Format   MARC HTML Format

Department/Agency Department of Finance. Advisory Council on Economic Growth.
Title Unleashing the growth potential of key sectors
Publication Type Monograph
Language [English]
Other Language Editions [French]
Format Electronic
Electronic Document

Archived Content

Information identified as archived is provided for reference, research or recordkeeping purposes. It is not subject to the Government of Canada Web Standards and has not been altered or updated since it was archived. Please contact the authoring department to request a format other than those available.

We invite you to consult the Frequently Asked Questions page for additional information regarding the Archived Content notice.


Having trouble opening this document?

Note: The URLs contained in this/these document(s) may no longer be functional
Note Issued also in French under title: Libérer le potential de croissance des secteurs clés. Cover title. "February 6, 2017."
Date 2017.
Number of Pages 19 p. :
Catalogue Number
  • F2-256/2017E-PDF
Subject Terms Economic development, Policy