Canada must seize opportunity to be a leader in artificial intelligence

Tiff Macklem is dean of the Rotman School of Management and former senior deputy governor of the Bank of Canada. Ajay Agrawal is the Peter Munk professor of entrepreneurship and professor of strategic management at the Rotman School and founding academic director of its Creative Destruction Lab. Scott Bonham is co-founder of GGV Capital and co-chair of the C100, a non-profit organization of Canadian tech entrepreneurs, executives and investors in Silicon Valley. Productivity growth is essential for improving a country’s standard of living. Unfortunately, Canada’s productivity growth chronically underperforms. Following a pickup in the late 1990s, we have languished for 15 years. Rising commodity prices temporarily made us wealthier and raised our standard of living, but this is not a sustainable path to wealth creation, as the recent downturn made…


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