he Canadian economic backdrop continues to soften with a string of downside data reports confirming the relative under-performance from other economies. GDP in Q3 contracted by a larger than expected 1.1% (annualized) in Canada.

AI has created a dynamic landscape that presents risks and rewards for our nation, and this is Canada’s chance to reimagine its approach in a way that allows us to increase efficiency, remain competitive and enable economic growth.

Canada’s economy passed a tipping point some time ago. A surge in population propped up measures of total economic activity earlier in 2023 – each new arrival boosts both the productive capacity of the economy and consumer demand.