We present this suite of recommendations at a time of both threat and unprecedented opportunity. By harmonizing our policies across the capital continuum, we can unlock $10–15 billion in new investment, create tens of thousands of high-value jobs, and establish Canada as a magnet for talent and ambition. The scale of impact is transformative—if we act now.
What If We Don’t Act?
If we fail to unify our capital strategy, the consequences are:
Continued fragmentation will choke off new company formation and push innovators to seek opportunity abroad. Chronic underinvestment will erode our competitiveness and leave Canada vulnerable to foreign control of strategic technologies and innovative firms. Increased defence and security spending will bypass Canadian innovators, flowing instead to larger, better-financed foreign firms—further weakening our domestic capacity in strategic sectors. The return on public innovation spending will remain unrealized, diminishing value to taxpayers and stakeholders.
Inaction is not a neutral choice. It is a choice to accept decline, cede ground to competitors, and compromise Canada’s economic future.
A Call for Bold, Coordinated Action
We are calling on leaders across government, industry, and the investment community to meet this moment with clarity and resolve. Our frameworks show that only a unified, coordinated strategy will achieve the impact our analysis demonstrates. This moment presents an opportunity to build a more sovereign, resilient, and prosperous Canada— for ourselves and for generations to come.
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