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1、Missions for Prosperity:Unlocking Canadas PotentialFEBRUARY 2025INTRODUCTIONExecutive SummaryMessage from the AuthorsTHE BURNING PLATFORMCanadas income and productivity growth has stagnated over the last 40 yearsdropping from 92%of U.S.GDP per capita in the 1980s to just 67%today.Amid geopolitical s

2、hifts and economic fragmentation,Canada has a chance to reset.This is the moment to rethink our economic model,strengthen key industries,and sharpen our competitive edge.The global economy is at a turning point.Shifting trade alliances,rising protectionism,and evolving geopolitical tensions are resh

3、aping the way countries grow and compete.Canada cannot afford to rely on outdated strategiesit must rethink its approach to trade,domestic production,and economic growth to secure long-term prosperity.This report assesses Canadas standing in a rapidly evolving world,measuring performance in both cor

4、e economic indicators like GDP per capita and broader dimensions of societal well-being.The data is clear:without decisive action,Canada risks falling further behind.With major economic shifts underway,including leadership changes in key partner nations like the United States,there is an urgent need

5、 to redefine Canadas prosperity agenda.How we engage with trade partners,invest in key industries,and adapt to new global realities will determine our future competitiveness.Our objective is twofold:to identify the critical gaps that may hinder progress and to offer a bold,strategic framework for wh

6、ere Canada should focus next.With an emphasis on both economic resilience and societal well-being,we explore the challenges and opportunities that will shape the next wave of Canadian prosperity.In the final section,we introduce six ambitious missions for Canadadesigned to drive not just economic gr