Canada has a new National Intellectual Property Strategy, and this is very good news. Last month, Minister Navdeep Bains, Minister of Innovation, Science and Economic Development, announced a new National IP Strategy that makes great strides towards a better future for Canadian industry through a balanced and efficient IP system that protects and fosters Canadian innovation.
The new National IP Strategy is the product of a thoughtful, consultative process that led to a well-informed strategy reflecting the varied needs of different sectors and sized companies, both now, and into our promising future. The IP literacy campaign will help inform industry about how to meaningfully protect IP without wasting resources better spent on development. The efficiency measures and scrutiny of demand letters will help clear the path for innovators to realize value for their IP, while curbing the abuses that plague inefficient IP systems elsewhere around the world. There is much to applaud in the careful thought behind the new strategy.
As a fellow Canadian, I have a vested interest in seeing Canada take its rightful place on the world IP stage. We have long outperformed in innovation, and this new National IP strategy brings that same excellence in policies to our already excellent development programs. Congratulations to all those involved, and to the many varied industries that will be the beneficiaries of this thoughtful, collaborative strategy.
Posted by Catherine Lacavera; Director, Google Legal