I think that it's a little bit natural to compare ourselves to the U.S. because they're our closest neighbour and on our doorstep and we tend to think of our economies as quite integrated. It makes natural sense, but I do think we should be looking in comparison to other economies, as well. I did provide a chart that came from McKinsey that shows that Canadian productivity has tracked almost identically, in fact, to G7 and other advanced economies over the last literally 50 years. We all lag behind the U.S. a little bit and I think we need to understand why.
I think a big part of it is the technology sector. The huge revenues and very low employee base in the U.S., I think, is really skewing the numbers. That tells us something. Let's invest more in our technology sector, which is already globally leading. We have the second-highest density of technology start-ups in the world next to Silicon Valley. That's huge. We have a lot going on. We're at the epicentre of what's happening around AI. The godfathers of AI are Canadian. We have so many start-ups and companies that have sprung up from that amazing ecosystem that are helping us and many other companies invest in productivity-enhancing technologies.
Let's support that sector more so they can really grow those revenues. I think that would help on the productivity side, as well.