This 25-page report, commissioned by the Standards Council of Canada (SCC) and produced by the Conference Board of Canada, clarifies and confirms the essential role that standards play in Canada’s economic growth and labour productivity. The report is an update to the Conference Board’s July 2007 research report entitled Economic Value of Standardization.

Developing and using standards will help fuel a more competitive and innovative Canadian economy. They help businesses thrive and compete, keep Canadians safe, and support clean growth and infrastructure.

Infographic:

This infographic summarizes the economic benefits of standards.(PDF)