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BC VIEWS: Politicians canBԪַt direct innovation

Ottawa has more than 140 programs to encourage innovation, and B.C. is getting on the bandwagon
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Premier Christy Clark introduces UBC president Santa Ono (right) as the province's advisor on innovation

The core of the new federal budget is an BԪַInnovation and Skills PlanBԪַ to encourage business investment and jobs in Canada.

This is the second budget of the Justin Trudeau government, which means the second year of borrowing and spending billions for BԪַinfrastructureBԪַ with little to show for it so far. I have no argument with skills training, a must in our fast-changing economy. But what about this BԪַinnovationBԪַ business, and is it really the business of governments?

According to the latest Trudeau budget, innovation will help move Canada beyond reliance on our BԪַrich natural resources,BԪַ and of course BԪַgrow the middle class.BԪַ

One of the headings is BԪַProgram Simplification,BԪַ which tells you where this is all going wrong.

BԪַThe Government of CanadaBԪַs vast array of innovation programs makes it difficult for business to find and secure the support they need,BԪַ it says. The more than 140 existing programs will be reviewed.

Yes, Ottawa has been trying for a long time to move us beyond BԪַhewers of wood and drawers of water,BԪַ to use the decades-old cliché. Stephen Harper gave us a $400 million BԪַVenture Capital Action Plan,BԪַ seed money to attract private capital to startups.

Trudeau doubled down last year with $800 million to create BԪַclustersBԪַ of universities, business and government to spawn the next Silicon Valley. This year, Ottawa has dedicated $950 million to grow BԪַsuperclusters,BԪַ which Innovation Minister Navdeep Bains assures us are BԪַjob magnets.BԪַ

Alas, Canada sucks at innovation, and producing entrepreneurs. Everything from our auto industry to our environmental movement consists mainly of American branch plants.

WeBԪַve had a few breakout successes, like BlackBerry, but now Canadians mostly laugh at how un-cool they are. And while taxpayersBԪַ money keeps pouring into this BԪַvast arrayBԪַ of programs, business investment in research and commercialization still lags behind.

B.C.BԪַs got innovation fever too. In January, Premier Christy Clark re-launched her BԪַjobs plan,BԪַ a flexible beast that isnBԪַt so much about natural gas exports right now as new technology, climate change and yes, innovation.

Clark appointed UBC president Santa Ono as the governmentBԪַs chief advisor on innovation. HeBԪַs got clusters on his mind, no doubt.

NDP leader John Horgan hasnBԪַt shown us much on innovation yet, but give him time. ItBԪַs the hot political fashion trend this spring.

Green Party leader Andrew Weaver is clustering as we speak. He launched his BԪַinnovation and sustainable enterprise planBԪַ in Vancouver last week, starting with an BԪַemerging economy task forceBԪַ to start work as soon as a BC Green government takes over.

There will be $20 million a year BԪַto support ideation, mentoring and networking at post-secondary institutions,BԪַ $50 million for BԪַbusiness incubatorsBԪַ and BԪַaccelerators,BԪַ and $70 million over four years BԪַto leverage seed or angel funding.BԪַ (No, I donBԪַt know what ideation is either.)

The CBC had an innovation a while back, a show called DragonBԪַs Den. If youBԪַve seen it, you know the drill. Angel investors take a hard look at a new product and offer financing for part ownership.

My favourite dragon is Jim Treliving, a no-nonsense ex-RCMP officer who built Boston Pizza into a three-country empire. He doesnBԪַt spew insults like former panelist Kevin OBԪַLeary, he just tells would-be entrepreneurs what in his view works and what doesnBԪַt.

So now politicians assure us they can pick winners, with our money. HereBԪַs Innovation Minister Bains, explaining it to The Globe and Mail last week:

BԪַInnovation is fundamentally about people. And itBԪַs about better outcomes, better communities. ItBԪַs finding solutions so that people can live better lives.BԪַ

Right.

Tom Fletcher is B.C. legislature reporter and columnist for Black Press. Email: tfletcher@blackpress.ca Twitter: @tomfletcherbc

 



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