The Globe and Mail reports in its Tuesday, June 10, edition that Canadian Imperial Bank of Commerce chief executive officer Victor Dodig says Canada needs to adopt a "wartime footing" to enhance productivity. A Canadian Press dispatch to The Globe reports that Mr. Dodig notes it will take a decade for significant progress. He suggests that the federal government should also expand initiatives to help young people save and encourage business investment in Canada. Mr. Dodig says: "It's tough to be in Mark Carney's position today. Build the expectation that change is not going to happen overnight. It's probably going to happen over the course of a decade. ... Wars typically last up to a decade. ... This one will be longer than a year." Mr. Dodig also says Ottawa should address key irritants that the United States has expressed in its relationship with Canada, including removing the digital services tax and increasing defence spending. Mr. Dodig says: "All clients have their pens down. This uncertainty is not helpful." Mr. Dodig says Ottawa needs to help young people save and invest in their future well-being. He says he has been advocating for an incentive that would give people under the age of 30 a tax exemption.