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Low Investments In Technology Slowing Down Productivity
Summary: Canadian Manufacturers & Exporters (CME) has released the “Industry 4.0 and Canada’s Digital Future in Manufacturing” report. The report emphasizes that low investment rates in new technologies are negatively affecting Canada’s productivity. CME states three key areas of the report should be implemented to improve spending and competitiveness: 1. The federal government must improve the ...
Canadian Manufacturers & Exporters (CME) has released the “Industry 4.0 and Canada’s Digital Future in Manufacturing” report. The report emphasizes that low investment rates in new technologies are negatively affecting Canada’s productivity. CME states three key areas of the report should be implemented to improve spending and competitiveness:
1. The federal government must improve the accessibility of information about new technologies for business owners and testing opportunities.
2. The government must offset high purchase costs and investment risks of new technologies by working with provincial governments
3. Encourage more Canadians to pick a career in the manufacturing sector and fix the skills and labour shortage crisis.
By Claudia Rivera
Tags: Canada,Investment,labor shortage,metal work
Link: Low Investments In Technology Slowing Down Productivity [Copy]
