Wednesday, 1 March 2017

New Federal Report Recognizes the Importance of Rural Broadband …. and the raison d’être of the R2B2 Project

Canada released a report from the Advisory Council on Economic Growth entitled “Unleashing the Growth Potential of Key Sectors” on February 6, 2017, which states,

“Moreover, while new digital technologies like machine learning have the potential to cause step changes in productivity, the lack of a common analytics platform and rural broadband stand in the way of realizing the full potential of these advances in Canada. At a more basic level, too, we could do more to encourage productivity gains: for example, government spending on agriculture, equalling 26 percent of its economic output flows largely to farmers to smooth volatility and manage risk; it is not contingent on meeting productivity-related requirements, such as adopting new technologies. In the food-processing sector in particular, companies, on average, report that they realize fewer innovations than the manufacturing sector as a whole” (p.10). See the full report: http://www.budget.gc.ca/aceg-ccce/pdf/key-sectors-secteurs-cles-eng.pdf

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