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How are we doing so far? “The data is conclusive: Canada is not productive, and automation risks making it worse,” says David Williams, VP of policy at the Business Council of British Columbia.
He thinks government has a big role to play. Higher productivity could fund a better safety net that helps educate and train people who lose their jobs to automation, and the right tax incentives and policy shifts could encourage competition. “Survival is a powerful motivator for firms to update processes and invest in people and equipment,” Williams observes.