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Waterloo Chronicle (Waterloo, On1868), 4 Aug 2016, p. 3

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‘ mv.mtn1¢.mwt§ . , ‘ a? ‘ f‘ ' ’- t - > t f 3" ’33“; f ‘ oubhng own on ec i:- ogy ‘1 .J ‘ r g o I -:v a a ’- New reportfinds tech responsrblefor 7. 1 per wut%Mml (economic Mat “mine-Ion ”When it comes to the unallerCana- Mrmmgflmwg Fathom diandtiee,WawrlooRegonisahsolutely m’formostlntMMthemarl- ' the standout performer,‘ said Matthew W (m M) are about 2 per cent. uthorsofanewstudypublisbdhythe SeddorL .. Agmokfiddlnsdmhrlmwfiflmmd ‘lhehigheatdtylortechaectoremployâ€" WWW Welshmhsgeahetter mmhuomeathlmpd iv ' handle on the numbers in Canada't technol- by Toronto. m nothing My; . ogyseaor. -’ employs Mllflmefllu . ‘ ‘ ‘ 1he2016reportfoundthat0anfla'atedi I 7 7 , 1 ‘ sectorisdirectiyresponsiblei‘orflflhillloo. wmmmm ‘ v or7.lpereentofCanada'seoonomicotnputâ€" dieVIlIIeolthlsareagiven ‘ greaterthantlmafthehanceand,W itslargeoonoennflouofstarmwhioh L ,, ‘ industry. " makeshunlque. ' ,7,”er ”a Traditionally the sector was regarded as 'When compared to all other Canadian ,V : '1’; "' ' ‘ t , t information and communications technology, industries, Canada's tech sector is comprised -. _- ’ ; ‘ , I WmCreiglamband MatthewSeddon. of a disproportionate number of very small level.’ ' ‘ ‘ ‘ t Brookfleld policy advisors and tanâ€"authors of firm: the reportth 'In 2015. 68.8 per- Plunkett a \'\ thereport oemol’alltediaecwrmmswithstaflhadbur Communihdthadagood - Not previously includedinStathticsCan- oriewerembyeeooomparodtoudperm hudleonbflmlmhalfiietohdenntach adn numberswereoompaniesinaerospaoe. malotherinduetrlea mmwmloomhutthatltwouldbe engineenrtgdmchemloalandpharmaow- GuirPlunltett. Commutltech'sdlrectorof muchmoredlmcuhlorhrp'dtiestooondtn tical manufacturing. and scientific research external relation, say: it will he Interesting to suchanalyaie. g r o w t h anddevelopmenttonamefustaiew. trackthedsnmovinglorward. Ihereportaflrmstlutremeodompoten- overthenextooupleyeamf' saidPlunkett. ”in developing this report we thought this 'We've been big supporters of ltooldield tial of the Toronto-Waterloo Region lnnova- Another key finding highlighted in the t understated the true impact that technology doing this because there hasn't been sort of a don Corridor announced earlier this year. he Brookfleld report la that people waking in the hasondieCanadianeconomyfumhsaid. haselinesetoldataol‘howlargethetechaector added Waterboltegiontedisocmrarehidierpaidmn 'Since tech use has become put to use inCanada,‘ he said. 'I suspect we're going to see some real magethandieirnationaloormtapameam- am so many different industries. they war- "I remember for years. BlackBerry was ingalrnoatsull) more annually. ranted beingincluded in what we call Canada's considered a manufacturing company, so the The study in its entirety can be found at tech sector.’ data would be really skewed. Now we can oom- www.hrookfleldimtimte.oa. The report reflects different methodolo- pare this area to other areas on a comparable gies previously used by the UK's Nesta innova~ lion foundation. the Blocking; Institution and t the United States Bureau of [about Statistics, Km“, waeflo and 0mm have which show Canada’s technology sector is one of the highest tech sector concentraâ€" much larger than previously thought. tions in the entire country, trailing major 'I think what stood out to me was lust how urban centres in Montreal and Toronto much of a powerhouse the sector was in terms . and tied with Calgary, Vancouver and of research and development," said Lamb } Ottawa-Gatineau. "Private sector research and development 1-. . . at $91 billion in: exceeded any other industry 5. We: with an avenge ted} sector concert in Canada. and this is absolutely huge when .. tfmo" are "M 1-0 0" Eh” 9'39“ (V'do‘ you're thinking in the context of the federal L; 2:39:03: trfiémsi‘nggw innovation agenda that's happening now.‘ 3 5 ' According to the report. there are approxii g 3 while those below average are darker mately 71,000 tech sector firms across Canada I ‘3 ; orange. employing 86"” ”03"" representing 5’6 h ' 3- ' V. t ' Waterloo R ‘ ion is rated 1 3 on the parlizlatlrferage tecit‘flmlnplwee earns ‘3' 3 " 3 -. :3 u it I“: m." " “mm only by 367.000 » almost $20,000 more than the 5. i - h 5’ .' f orontolll) and Ill-7)- national average of $48.(NX1 woo-mun “mm" "W“ Al I ENTION BUSINESSES“ “’3 ‘ ‘ “‘ I I - fl ‘ $4-- :-_-:_-_ , .. it. gr- L‘IMPRESSIDN l i . 1‘ mm .‘ p :5 _rt-~ 5;“ a! . 3 a . ‘ cc." it = .. -~ s : v Mummy J "7 v. . ‘ ’1‘. 1'5 ~ . $35- - «v ~ 3» g.â€" @617 F3: t~n.ts¥§§%7§?€t" - ' ~ 1:1â€" ' \mmWTClflthlmcalTadmstcmmmm ' ‘ ‘ ‘“" ‘ -» I

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