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Publish Date : 14-Sep-2018

The new global economy presents exciting opportunities but also requires greater innovation for businesses and economies to grow. In fact, changes in todays competitive landscape are driving businesses to rethink their strategies to reach beyond their traditional boundaries.

From coast to coast to coast, Canadas economy is as diverse as its landscapes, presenting unique challenges and opportunities. That is why the Honourable Navdeep Bains, Minister of Innovation, Science and Economic Development and Minister responsible for Western Economic Diversification Canada (WD), today launched an engagement plan to develop a regional growth strategy with Western Canadians for Western Canadians.

As announced in Budget 2018, the Government is committing $208 million over five years to promote the development and diversification of the Western Canadian economy. This strategy will grow the regions economy, create good middle-class jobs, and lay the foundation for long-term prosperity across the four western provinces. It also builds on the Innovation and Skills Plan to make Canada a world leader in innovation and create good middle class jobs.

Western Canadians are invited to share their ideas online to help shape the Western Canada Growth Strategy. Over the fall, roundtable discussions will take place in major cities across Western Canada with businesses, different levels of government, thought leaders, Indigenous Peoples, rural communities, women, youth, and new immigrants to develop a new targeted approach to economic development with a focus on innovation.

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