Intellectual Property
Protecting and rewarding the fruits of intellectual capital is critical to maintaining a dynamic and innovative economy.
- A strong regime of intellectual property protection is part of the framework needed to retain talent, encourage leading-edge research and foster more corporate head offices in Canada, while also stimulating more Canadian-based global champions able to provide value-added and highly innovative goods and services to international markets.
- Intellectual property protection is most critical in knowledge-based
industries such as pharmaceuticals and biotechnology. Canada must
ensure strong patent protection for high-risk and high-cost inventions
or risk losing investment in research and development in these vital
sectors of our economy.