Editor - Perry Kinkaide |
I was impressed with Mark Carney's economic savvy. Yesterday Canada's Prime Minister gave a speech in which he acknowledged the need for change - that the global economy is ruptured, that the US was no longer a dependable partner, and that technology was a disruptive force to be embraced, not ignored. Most impressive were the measures cited that if executed will transform Canada's economy!!! By the way, if you value the KEI Network's contributions, please consider commenting by replying to Editor@KEInetwork.net or - even better, making a donation at KEInetwork.net
|
Canada - From Rupture to Renewal On September 5, 2025, Prime Minister Mark Carney delivered a landmark speech in Mississauga, Ontario declaring that the global economy is no longer in transition but has been ruptured. He argued that nations can no longer rely on old assumptions — Canada
Carney’s Measures: Going Big for Better. Carney’s industrial strategy acknowledged the fracturing of Canada's economy and continuing decline in productivity, that goes beyond 1. Strategic Response Fund (C$5B) – Direct support for sectors hit by tariffs, 2. “Buy Canadian” Procurement Overhaul – A sweeping reform to ensure 3. Regulatory Modernization – Adjusting frameworks to protect Canadian 4. Jobs and the Future Economy – Investments in retooling and reskilling 5. Housing and Construction – A major push to accelerate affordable housing 6. Safety and Bail Reform – Addressing public safety by tightening bail 7. Quality of Life – An overarching pledge that industrial policy will be judged not 8. EV Mandate Pause and Review – A pragmatic 60-day evaluation of zero-emission Where the Strategy Falls Short: Fusion and Future Tech. Despite its breadth, the KEI and its predecessor ABCtech have repeatedly emphasized that without bold KEI’s Perspective: Alignment and Gaps. Carney’s measures reflect many of KEI’s
Yet the absence of a fusion strategy and a stronger commitment to emerging “Innovation, Emerging Technologies, and the New Economy.” The KEI Network’s AI and OUR Future series will conclude on September 28, 2025, after months of exploring how AI is reshaping productivity, caring professions, safety, and society. Building on that momentum, KEI will launch its next series. extending the conversation, investigating the critical importance of Canada committing to innovation and change management for ensuring the technological breakthroughs in emerging technologies translating into jobs, security, and prosperity. Bold, But Not Bold Enough. Carney’s speech was bold in acknowledging rupture and From rupture to renewal: advancing innovation, innovation,, and resilience. |