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Economics

Canada Falling Behind In the ‘Intangible’ Economy, Report Warns

  • Government urged to protect intellectural property and data
  • Tech sector vulnerable despite Trudeau’s salesmanship
Justin Trudeau speaks during a tour of the Bayview Yards innovation center in Ottawa.

Justin Trudeau speaks during a tour of the Bayview Yards innovation center in Ottawa.

Photographer: David Kawai/Bloomberg

Canada has a complex relationship when it comes to foreign investment from its southern neighbor, and is now facing calls to safeguard another key sector.

Americans hold large chunks of Canada’s resource, manufacturing and retail industries, yet U.S. companies are largely excluded from key sectors like banking, broadcasting and telecommunications that are seen as strategic or sensitive.