More graduates important to Toronto's prosperity, says report

April 16, 2013

A new report from the Toronto Region Board of Trade says Toronto's talent pool may not be deep enough for the city to make a move up the global ranks in terms of productivity and innovation. Though Torontonians are well-educated compared to other world cities, hidden weaknesses are holding it back from maximizing its potential, observes the board of trade's 2013 Scorecard on Prosperity. Among a dozen North American cities, Toronto's adults are second only to Calgary in the number of PSE credentials they hold, but Toronto has relatively few bachelor's and advanced degrees. Boosting more people into PSE "will improve the economic performance of the region," argues the Scorecard, noting there is "no room for complacency." Globe and Mail | Scorecard