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business11h ago
Why Andrew Coyne Says Productivity is Now a National Security Issue - Seed World
- Coyne argues productivity and diversification are essential to Canada’s national security amid global economic risks.
- Coyne calls for credible alternatives to over-reliance on any single trading partner as part of de-risking supply chains.
- The economist insists increased competition and lower barriers are key to boosting productivity and growth.
- Tax reform and openness to foreign investment are part of the policy mix to strengthen competitiveness.
- Coyne warns trade disruptions highlight how access becomes fragile and must be safeguarded.
- He introduces the idea of an economic Article Five to treat economic attacks as collective security threats.
- Capacity building focuses on absorbing shocks in finance, infrastructure, and supply chains.
- The link between productivity and funding for public services is a recurring theme.
- Coyne emphasizes that export concentration and internal barriers raise costs and slow innovation.
- The debate ties agriculture to broader economic resilience and workforce considerations.
- Coyne’s core message: Canada must strengthen capacity, openness, and competition to remain globally competitive.
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