Canadian businesses allocate just 7.8% of their revenue to innovation, compared to 9.64% globally, innovation survey suggests.
Study says they jack up bureaucratic spending in the least-productive provinces.
Unions pleased with measures to strengthen province’s manufacturing sector.
Public service layoffs and program cuts have already started as anxious workers wait for more bad news.
US ambassador David Jacobson says fiscal cliff won’t be felt immediately.
Aerospace report calls for more aggresive promotion of Canada’s industry abroad.
Potential fallout from political gridlock is a great risk to the domestic economy.
Canadian manufacturers have started the year feeling confident about their prospects, according to a PwC study.