was one of the lucky startups and tech bloggers that was invited to cover the
conference of Singapore Fintech Festival 2018 by Monetary Authority of
Singapore. On day 3, she attended the Canada Fintech Forum and Conference at
Topaz room followed by his conference at NUS where students are allowed to ask
questions. It was a refreshing experience. This man is truly an inspirational
Ladies and gentlemen, I don’t have to tell you that
the tech sector is stronger when people collaborate. This industry gets its
best results when everyone brings something unique to the table. So when we
talk about Canadian entrepreneurs working together with people from Singapore,
or anywhere else for that matter, what’s our unique Canadian advantage? Well to
start with, our incredibly stable banking system is good for people and
investors alike. People here in Singapore which is also known for its reliable
system, understand why that’s so important. It’s a foundation for growth, and
there’s no doubt that Canadian businesses are doing well. Our entrepreneurs are
being noticed around the world because they’re on the cutting edge of
innovation and creativity. Canadian FinTech companies are keeping banking
up-to-date in the ever-changing digital market, make investing easier and more
accessible, and helping people keep more of their hard-earned money. Add to the
mix that Canada has a skilled and diverse workforce, and we’re in great shape
to become a global hub for innovation right across the board.
To make sure we don’t miss that opportunity, our
government is investing to support the incredible potential of our startups and
entrepreneurs. We’re making historic investments in clean tech and we’ve put
together a national strategy on AI to capitalize on being a world leader in the
field. In fact, I know that NextJ Systems is here today — where are you? There
we are — a Canadian company that’s a trailblazer in AI. That’s why our
government is investing to help our researchers and companies succeed and build
prosperity for everyone.
Et en même temps nous préparons nos jeunes aux
emplois de l’avenir, nous investissons dans la formation des compétences pour
leur permettre d’obtenir de l’expérience en milieu de travail, ou un stage
co-op. Grâce à notre stratégie en matière de compétences mondiales, nous aidons
aussi des entreprises comme les vôtres à attirer les meilleurs talents du monde
en seulement deux semaines. Nous vous aidons à recruter les gens dont vous avez
besoin pour faire croître votre entreprise.
And since we’re here in Singapore, let me also
mention the tremendous progress we’re making so that Canadian businesses have
access to growing Asia-Pacific markets. Just a few weeks ago we ratified the
comprehensive and progressive agreement for trans-Pacific partnership. CPTPP
will create new opportunities for this sector and for entrepreneurs in every
sector to work and invest in this region.
My friends, we’re here today because this market
gives us a chance to keep building economies that work for everyone; it’s a
smart move for Canada and Singapore to work together. It’s how we can create
the right conditions for our FinTech sectors to grow and prosper, and how we
can build shared success; and not just here, but around the world, like with
Squares Union, a Canadian online system that lets people send and receive money
from Africa. Thanks to entrepreneurs and innovators like you, soon we’ll see
FinTech everywhere we go, paying for food in Singapore or helping people do
business and manage their money in Toronto.
Because that’s ultimately what Canadians do, it’s what
we get about the world — that connecting people of different experiences and
different backgrounds makes for a better world. In that, Canada is very similar
to Singapore — you know I said that last night and people laughed at me —
Canada is one of the biggest countries in the world, Singapore, perhaps one of
the smallest. But we’re both very unique but similar in two specific ways.
First of all, we both understand diversity. Drawing
people from different backgrounds, different origins, different regions,
different cultures, different religions, different languages, coming together
to solve shared problems, is something both of these places do extraordinarily
well. In Canada we’ve demonstrated that differences are a source of strength,
and here are the kind of resilience that you’ve built in Singapore from people
coming with different perspectives and different backgrounds is an example that
that holds everywhere around the world.
The other thing is we’re two countries that have
understood the importance of trade. Singapore, because, as a hub connecting
regions, and countries throughout the region, and people across Asia and the
Pacific, has developed into an extraordinary place where trade is more
successful here in Singapore than just about anywhere else in the world — it’s
your very reason for being. Well, Canada was a country that always had and is
still a country that has more natural resources then we have a domestic market
to draw on them. So we’ve always needed to rely on trade; trade in beaver pelts,
and fish, and lumber in the very beginning, continues to be mining and forests
and natural resources and energy resources, but Canadians understand that trade
is essential for our success.
And what we’ve done over the past years in Canada is
realize that, as important as our national resources are, our human resources
are the most important thing about Canada. And that’s where investments in
education, in skills training, investments in research and science have brought
us to a place that is pretty exciting right now in Canada.
We are a country that has decided that, despite all
the anxiety about the future and the transformations of our workplaces and our
economies, that while some people seem to be trying to drag out the last of the
way things used to be and hold on to the old ways as long as possible, Canada
is much better to be doubling down on the future; to investing in the kinds of
solutions that we’re going to need tomorrow and the day after tomorrow; realize
that with the fourth industrial revolution is coming an opportunity to reshape
the world, reshape the nature of work. Our investments in AI, our investments
in the tech industry, our investments in superclusters that are combining
academics and governments and entrepreneurs and businesses, are demonstrating
that we get the way the world is going.
And the reason we can be most optimistic about that
— well we’ve got great examples right here in this room — Canadians ourselves,
who are focused on the future, ambitious, creative, and mostly willing to
learn, willing to learn from what other people are doing, willing to be
challenged by the excellence we see in forums like this here in Singapore, and
to figure out new ways of doing things, not just for our own benefit, but the
benefit of our neighbors, whether they be down the street, or on the other side
of the world. That’s really what Canada has going for it right now, as
exemplified by all of you in this room.
Our contribution here at this FinTech Summit, our
contributions all around the world is really the calling card that we have
right now that is making the world to take notice of Canada. But make no
mistake, if the world is noticing Canada right now, it’s because of all of you,
it’s because of Canadians, that’s why I’m so glad to be here, today, in
Singapore, to highlight just how great Canadians are doing here and everywhere
around the world, as we shape and determine a better future for us all.
Merci beaucoup mes amis.