Canada needs to become more secure by becoming more self-sufficient. In a new series — Strong & Free: Shockproofing Canada — the Post examines how a country made wealthy by globalization and trade can also protect itself against pandemics and other unknown future shocks to ensure some of our immense resources and economic power are reserved for our own security.
As COVID-19 continues to wreak havoc on people and economies around the world, Canada’s business community is starting to ask – what can we do to better prepare before the next crisis hits?
Conference Board of Canada senior economist Julie Ades joins Down to Business host Emily Jackson to discuss how the pandemic could be a catalyst for long-term changes to Canada’s supply chains.
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Businesses shouldn’t be getting ready to slam the doors shut and entrench in protectionism, in the view of the Conference Board. Instead, it expects Canadian businesses to push for global co-operation, invest in digitization so they can be more agile in response to supply shocks and re-skill their employees for the new reality.
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