Originally called Dominion Day, Canada Day is a celebration of a united Canada and independence. It is a national holiday which is celebrated on July 1.
From this date, the country was regarded as a self-governing region within the empire. The holiday was originally called Dominion Day but was renamed in 1982 under the Canada Act which meant Government in London could no longer make changes to Constitutional law, allowing full Canadian sovereignty.
As the annual celebrations are going to be much more solemn this year in the wake of the COVID-19 pandemic, we take this opportunity to reflect upon a quality that has contributed to Canada’s solid standing in the international system; innovation!
Innovation is really about responding to change in a creative way. It’s about generating new ideas, conducting R&D, improving processes, or revamping products and services. At another level, it’s also about a mindset in your business: One where your staff, whether in the executive offices or on the shop floor, are always focused on continuous improvement and constantly thinking outside of the box.
Innovation is critically important to a nation’s economic welfare since innovation plays a crucial role in promoting productivity growth. In turn, productivity growth underlies improvements in an economy’s standard of living.
Canada’s innovation performance is critically important to the economic welfare of Canadians. Innovation plays a critical role in promoting increased productivity, which, in turn, underlies improved standards of living.
Canada is also an active participant in Mission Innovation (MI), a global initiative of 22 countries and the European Commission to catalyze action and investment in research, development, and demonstration to make clean energy affordable, attractive, and accessible for all.
As a founding member of MI, Canada showed leadership in supporting the first phase of MI, exceeding its target to double spending in clean energy R&D, and launching successful partnership-based initiatives like Breakthrough Energy Solutions Canada.
In June 2021, at the sixth MI Ministerial (MI-6) meeting, Canada joined MI members in launching a decade of clean energy innovation. Through the second phase of the initiative, Natural Resources Canada will continue leading efforts in the transition to a low-carbon energy future and support international clean energy collaboration.
Canada’s innovation culture allows researchers to push the boundaries of knowledge, explore the unknown, and generate exciting outcomes that benefit humankind. The solid platforms of research infrastructure being established in Canadian institutions are serving to support business innovation and private-sector research and development.
Innovation is critical to our success as a nation. Canadian innovations have made enormous contributions to our country and to the world. Canadians believe innovation can lead to healthier people, economic growth, and a cleaner environment.
An example of a company that has strived to pioneer innovation is Clare Machine Works.
CMW is a contract manufacturer, renowned throughout South-Western Nova Scotia for building industrial products and solutions for the global marine and fisheries sector. It has its sight set on a mission to improve the global fisheries sector through innovative machine-engineered solutions. It has innovative and highly effective marine products that make a fisherman’s job much easier. Vince Stuart, President of Clare Machine Works continues to prove that innovation is the key to growth while remaining committed to providing the best possible service to new and returning customers.
As we celebrate and commemorate Canada’s 154th birthday, let’s remind ourselves to keep being innovative in our approach and play our part in making Canada a world leader in Science, Technology, and Innovation!