Canada’s productivity problem is a superstar-firm problem – and AI is our chance to fix it

Canada’s ongoing productivity crisis is usually explained through a familiar set of factors: The industrial mix, small average firm size, weak business investment, lack of competition, and a risk-averse culture.

While all are contributors, the fundamental problem is simpler: Canada lacks hyper-productive superstar firms. The reason for this, is that we are failing to create and keep the startups that reimagine entire business models and industries around disruptive technologies.<