Keeping Score
Overview
Keeping Score

The Scorecard

The Coalition has created a scorecard that will track Canada’s progress on key economic, social, and environmental indicators over the next decade. All metrics are internationally accepted indicators of a country’s economic, social and environmental progress.

The scorecard incorporates 21 key metrics across six themes and three central goals: winning globally, living better and growing sustainably. Different people may choose to measure progress in different ways, but each of these 21 metrics is an internationally accepted indicator of a country’s economic and/or social development, for which data is readily available.  

For each metric contained in the scorecard, an aspirational target has been set for 2030. Each year, the Coalition will update Canada’s progress toward each metric. While short-term variations may or may not be meaningful, trends over longer periods don’t lie. Our intent is to set ambitious but achievable long-term targets for our country.

Grow

Growing Sustainably

Climate Change

GHG emissions per unit of GDP

​Attain Canada’s committed reduction of GHG emissions under 2015 Paris Agreement (40 to45% below 2005 levels by 2030)

Progress
0.35 / 0.32

Percentage of primary energy supply from zero-carbon sources

​Reaffirm Canada’s leadership among G7 countries and support progress towards commitment to Paris Agreement by closing the gap to leading Scandinavian countries

Progress
22% / 40%

Clean-tech contribution to GDP

​Exceed the target from Canada’s Economic Strategy Tables is for clean-tech sector to reach $80B in 2025; reaching $100B will require 5% CAGR from 2026-2030

Progress
$27bn / $100bn

Economic Resilience

Global ranking for financing of SMEs

Achieve a top 10 ranking in the World Bank’s Global Competitiveness Index (SME access to financing) and close the gap to the US as #2

Progress
27 / 10

Current trade amount

Reverse the trend and have a neutral current account balance by 2030 - In 2019, Canada had the 7th largest Current Account deficit (equivalent to ~1.9% of GDP)

Progress
-2% / 0%

Percentage of households with access to broadband

Achieve similar access to high speed broadband as urban communities

Progress
46% / 90%
Live

Living Better

Living Standard

Median income from wages, salaries, & commissions

​Achieve ~2% annual income growth rate over the next 10 years (vs. 0.8% since 2012) – similar to the growth achieved in the US over last 10 years

Progress
$38,800 / $48,000

Average poverty gaps

Reduce average shortfall by ~30% to achieve similar poverty gaps as leading G7 countries (e.g., France, Germany)

Progress
33% / 40%

Income parity across genders, races, & people with disabilities

Achieve equal employment outcomes for all racialized and non-racialized Canadian workforce

Progress
81% / 95%

Human Capital

Participating in adult learning

Achieve best-in-class participation in adult learning among peer countries (similar to Scandinavian economies)

Progress
47% / 60%

Share of Indigenous people in senior management positions

Ensure proportional participation of indigenous population in the labour force, but most importantly, in executive positions

Progress
0% / 5%

Share of women in senior management positions

Achieve similar women representation in senior management positions as their male counterparts

Progress
29% / 50%

Share of youth not in education, employment, or training

Achieve similar youth integration as peer countries such Germany and Japan

Progress
12% / 6%
Win

Winning Globally

Scale Through Innovation

Business Investments in R&D

​Triple business R&D investments relative to GDP to achieve similarinnovation D levels as Israel or the US

Progress
1% / 2%

Investment in productive tangible assets per worker

​Increase investment on machinery and equipment per worker by 8.1%annually to reach OECD levels

Progress
$3091 / $9000

Investment in intellectual property per worker

Align IP investment to comparable economies to build Canada’s stock if intangible assets

Progress
$2227 / $7000

Global Champions

Global market share in key sectors

Double the number of Canadian leaders by achieving global scale in key sectors1 poised for growth

Progress
19 / 40

Average export value per SMB

Achieve ~5% annual growth of SMEs’ average export value, similar to the target growth set by Canada to achieve $284 billion of overseas exports by 2025

Progress
$4767 / $8000

Number of "Narwhals" (companies worth $1bn+)

Support the scaling of Canadian startups to achieve 10 Canadian-grown “narwhals” by trillion of GDP

Progress
4 / 17