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1 March 2006 Roger L. Martin Ottawa, March 10, 2006.

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Presentation on theme: "1 March 2006 Roger L. Martin Ottawa, March 10, 2006."— Presentation transcript:

1 1 March 2006 Roger L. Martin Ottawa, March 10, 2006

2 2 March 2006 Mandate provinces and the states To measure and monitor Ontario’s competitiveness, productivity, and economic progress compared to other provinces and the US states and to report to the public on a regular basis. The Institute for Competitiveness & Prosperity

3 3 March 2006 Rebalancing Priorities For Canada’s Prosperity  Prosperity perspective 2006  Continuing prosperity and productivity challenge  Rebalancing toward investment  Taxing smarter to motivate investment  Rebalancing market and governance structures  Recommendations for prosperity

4 4 March 2006 Canada’s Economy Out Performs Most Others

5 5 March 2006 Canada’s Prosperity Gap Has Widened

6 6 March 2006 Stakeholders Can Consume Today and Invest for Future Prosperity

7 7 March 2006 Investing Leads to Higher Prosperity

8 8 March 2006 Consumption is the Benefit of Prior Investment

9 9 March 2006 Rebalancing Priorities For Prosperity  Prosperity perspective 2006  Continuing prosperity and productivity challenge  Rebalancing toward investment  Taxing smarter to motivate investment  Rebalancing market and governance structures  Recommendations for prosperity

10 10 March 2006 Canada’s Productivity Gap is the Major Source of its Prosperity Gap

11 11 March 2006 The Institute Assesses Measurable Elements of GDP Per Capita

12 12 March 2006 Canada’s Demographic Profile Will Continue To Be An Advantage

13 13 March 2006 Canada’s Participation Rate Has Rebounded

14 14 March 2006 Canada’s Employment Rate Has Improved

15 15 March 2006 Canada Has Higher Utilization Of Working Aged Population

16 16 March 2006 Canada Has A Persistent Gap In Hours Worked

17 17 March 2006 Lower Productivity Drives Canada’s Prosperity Gap with US

18 18 March 2006 Urbanization Drives Productivity

19 19 March 2006 Rebalancing Priorities For Prosperity  Prosperity perspective 2006  Continuing prosperity and productivity challenge  Rebalancing toward investment  Taxing smarter to motivate investment  Rebalancing market and governance structures  Recommendations for prosperity

20 20 March 2006 AIMS Drives Prosperity; Prosperity Drives AIMS

21 21 March 2006 Ontarians Have Positive Attitudes Toward Competition and Prosperity

22 22 March 2006 Canada’s Businesses Continue to Under Invest

23 23 March 2006 Governments Shifted from Investment to Consumption

24 24 March 2006 Canadians Under Invest in Post Secondary Education

25 25 March 2006 Canada Trails in Degrees Conferred

26 26 March 2006 Higher Education Leads to Higher Economic Returns

27 27 March 2006 Rebalancing Priorities For Prosperity  Prosperity perspective 2006  Continuing prosperity and productivity challenge  Rebalancing toward investment  Taxing smarter to motivate investment  Rebalancing market and governance structures  Recommendations for prosperity

28 28 March 2006 Some Taxes are Smarter than Others

29 29 March 2006 Canada Has High Taxes on Business Investment

30 30 March 2006 Rebalancing Priorities For Prosperity  Prosperity perspective 2006  Continuing prosperity and productivity challenge  Rebalancing toward investment  Taxing smarter to motivate investment  Rebalancing market and governance structures  Recommendations for prosperity

31 31 March 2006 Effective Innovation System Has Pressure and Support Across 3 Components

32 32 March 2006 Canada Trails Significantly in Business R&D

33 33 March 2006 Venture Capital Experience in Canada Close to US

34 34 March 2006 Canada’s Venture Capital Returns Have Been Weak

35 35 March 2006 Canadian Start-ups Have Weak Access to Management Talent

36 36 March 2006 Canada Trails in Business Degrees Conferred

37 37 March 2006 Fiscal Federalism Has Narrowed Regional Income Gaps More in Canada than US

38 38 March 2006 Regional Gaps in GDP Higher in Canada than US and Not Closing Faster

39 39 March 2006 Rebalancing Priorities For Prosperity  Prosperity perspective 2006  Continuing prosperity and productivity challenge  Rebalancing toward investment  Taxing smarter to motivate investment  Rebalancing market and governance structures  Recommendations for prosperity

40 40 March 2006 Canadians Need to Choose a New Path for Prosperity

41 41 March 2006 Roger L. Martin Ottawa, March 10, 2006


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