To implement the climate targets, the expansion of renewable energies in Germany needs to be tripled and the share of climate-neutral technologies in consumption sectors such as industry, transport and buildings must also grow more strongly in the future than it has in the past.

Trade secret protection has helped enable the innovation, investment, and cooperation that has made possible the development and delivery of Covid-19 vaccines in record time.

Business investment in Canada is so weak that capital per member of the labour force is falling, and the implications for incomes and competitiveness are ominous. Governments, particularly the federal government, need to get serious about growth to get workers more of the tools they require to compete and thrive, according to a new report from the C.D. Howe Institute. Authors William B.P. Robson and Mawakina Bafale write that since 2015 Canada’s stock of capital per available worker has been declining and its rate of gross investment per worker has been well below that in the United States and other OECD countries. They examine why Canada might be lagging as well as what action to take.

Ottawa’s review of the Scientific Research and Experimental Development (SR&ED) program is welcome news, but bolder thinking is needed to substantially improve the effectiveness of the tax credit, according to a new report from the C.D. Howe Institute. In “Tax Support for R&D and Intellectual Property: Time for Some Bold Moves,” author John Lester says the review, announced in federal budget 2022, risks being focussed on issues that will have, at best, a minor impact on the net social benefit of the program.