The Globe and Mail’s article Liberals’ innovation pledge gets mixed response from startups, claims to have an innovative economic plan for Canada that will enable people with the drive to open their own businesses and develop technologies. The creation of these new businesses …show more content…
By educating people who are willing to learn about the basics of economics, they can unlock new ways of improving business development and also assisting in developing new and innovative technology. For this reason, Justin Trudeau wants to provide more support for the innovations that will drive Canada’s economy. This includes giving $900 million for creating a new innovative agenda. This incentive would be given over a three year period to support the creation and growth of new businesses and technology hubs. This funding would allow research facilities to function and conduct experimental business plans and technologies that would hopefully grow
Canada’s economy. It would also enable people with the education and desire to start up a business which would in turn increase Canada’s economy. Trudeau’s hope is by having these resources available to the public, it will encourage them to obtain an education that will be supported by a strong network between academic institutions and the government. On page 50 of
Cocktail Party Economics, researcher Sheggen Fan and Neetha Rao state that one of the best things to spend money on is education. By investing in education, they believe that this