Edmonton Economic Development Corporation

As the economy slowly recovers from the recession, we need to do what is necessary to achieve a solid recovery in the short term and to begin repairing our provincial fiscal situation. But our long-term challenge remains – raising our productivity, which is synonymous with improving our innovation capabilities and performance. Robust innovation results can be achieved through more key business investments and by the right government policies and strategies for innovation. The Report concludes that businesses need to step up their investments in technology – from R&D to patents to adapting existing technology to their businesses. Equally important is the ongoing need to develop stronger management capabilities in our businesses. The Task Force also recommends that governments improve their innovation polices by shifting their efforts from new-to-the-world inventions to relevant-to-the market innovations. These are the key conclusions of the Ninth Annual Report, Today’s innovation, tomorrow’s prosperity, released today by the Task Force on Competitiveness, Productivity and Economic Progress.

contract work has outpaced all other forms of temporary employment over the past decade

52% of all temporary jobs

concentrated in the health, education and public administration fields