The world, however, is not standing still. Canada has done well, but not well enough. Our pace of innovation has lagged. Our share of foreign direct investment is falling. Our currency remains weak.
Personal taxes are too heavy and real incomes have stagnated.
The objective of the initiative goes beyond simply making Canada a better place to live, to work and to do business. It is intended to help create in Canada a uniquely attractive home base for competitive and growing global enterprises. The Canada Global Leadership Initiative is asking penetrating questions about how this country can compete more effectively for financial capital, for human capital, for ideas, for global market share and influence, and for leading-edge governance. It is combining insights from the front lines of the corporate world with those of leading minds in many fields from Canada and around the globe. On April 5th, the CEO Summit 2000 brought together 250 eminent Canadians for a frank and open discussion about how to overcome the challenges Canada faces in today's fast-paced global economy.