The Future of Canada's Economy

Perrin Beatty

President & CEO

The Canadian Chamber of Commerce

The Honourable Perrin Beatty is the President & CEO of the Canadian Chamber of Commerce. Previously, Mr Perrin was the President and CEO of Canadian Manufacturers & Exporters (CME). He was appointed to the House of Commons in 1972, was Minister of State in the government of Joe Clark, and held 6 additional portfolios in subsequent Progressive Conservative governments. Mr Perrin was President & CEO of the Canadian Broadcasting Corporation (CBC) and Chancellor of the University of Ontario Institute of Technology.


The Canadian Chamber of Commerce has connected businesses of all sizes, sectors, and regions of the country to advocate for public policies that will foster a strong and competitive economic environment. It has a network of over 450 chambers of commerce and boards of trade, representing 200,000 businesses.


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Interview with Perrin Beatty, President & CEO of The Canadian Chamber of Commerce on the future of Canada’s economy.

Main topics discussed:

  • Competitiveness of Canada’s resource-weighted economy following the Paris Agreement
  • Opportunities for Canadian entrepreneurs in this future economy
  • The impact of environmental concerns on the structure of Canada’s economy
  • The impact and pace of technological development in Canada’s energy sector
  • Canada’s economy in 2050

Takeaways:

 

1- Renewable energy is resource and human capital intensive, so our mining and high tech sectors will have a strong role to play in Canada’s energy transition.

2- Technological change, particularly in our energy sector, comprises of fast-paced incremental change instead of one-time disruption.

3- Canada’s future economy will rely on a high-skilled workforce, so our focus should be on cultivating an innovative and entrepreneurial generation.

Action:

 

The entrepreneurial sector is the most Canadian sector of our economy. It needs to be a priority for government as it creates more benefits for Canadians across the board.

 



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