The publication fDi Markets reported that during 2015 and the first half of this year, 65 projects were announced or launched by foreign companies employed in knowledge-intensive services such as smartphone applications and custom computer programming. It is worth noting that last year, the average wage across highly digitalized industries, which includes IT services, was 17 per cent higher than the average Canadian wage.
Fourth, European policy-makers need to take seriously the notion that it is up to them to foster the flexibility of labour market institutions, the mobility of labour between regions and euro area countries, and the integration of European markets for goods and services. Much progress remains to be made in order for Europeans to live in a truly Single Market.