Paul Boothe | Canada is a laggard at attracting investment. Here’s how to fix that.

Paul Boothe of the Lawrence National Centre for Policy and Management explains, while Canada has managed to secure some new investment for manufacturing, the country continues to fall behind our competitors both in the United States and in many emerging economies.

While this is indeed a complex issue, Boothe explains in his latest op-ed in Maclean’s there are two key actors who play critical roles in the process of attracting investment, especially in global firms with Canadian operations.

“The Canadian CEO of global firms already operating in Canada must be an internal champion at the firm’s global decision-making tables to win the intra-firm competition for production or R&D mandates. And he or she must be supported by a senior political leader who serves as a public sector catalyst to build coalitions of governments, workers and training and research institutions and help to pitch investment proposals to head office decision-makers.”