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.
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)
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
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
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
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)
Percentage of households with access to broadband
Achieve similar access to high speed broadband as urban communities
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
Reduce average shortfall by ~30% to achieve similar poverty gaps as leading G7 countries (e.g., France, Germany)
Income parity across genders, races, & people with disabilities
Achieve equal employment outcomes for all racialized and non-racialized Canadian workforce
Human Capital
Participating in adult learning
Achieve best-in-class participation in adult learning among peer countries (similar to Scandinavian economies)
Share of Indigenous people in senior management positions
Ensure proportional participation of indigenous population in the labour force, but most importantly, in executive positions
Share of women in senior management positions
Achieve similar women representation in senior management positions as their male counterparts
Share of youth not in education, employment, or training
Achieve similar youth integration as peer countries such Germany and Japan
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
Investment in productive tangible assets per worker
Increase investment on machinery and equipment per worker by 8.1%annually to reach OECD levels
Investment in intellectual property per worker
Align IP investment to comparable economies to build Canada’s stock if intangible assets
Global Champions
Global market share in key sectors
Double the number of Canadian leaders by achieving global scale in key sectors1 poised for growth
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
Number of "Narwhals" (companies worth $1bn+)
Support the scaling of Canadian startups to achieve 10 Canadian-grown “narwhals” by trillion of GDP