Food for thought for this long weekend:

Among other things, the country is spending less per capita on research and development, business R&D is down, venture capital relative to GDP is down, government spending on R&D has fallen and the ranking of Canadians in high-school test scores is lower.

And while Canada spends a lot of money on R&D through tax credits, it spends less than its peers in direct contributions to innovative companies, according to the report.

A recent…