Southern ON should become innovation “supercluster,” say three university presidents

January 8, 2016

The time has come for Ontario to stop losing talent, companies, and ideas to the US and to become a “supercluster” for innovation, according to three of the province’s university presidents. Writing in the Globe and Mail, Patrick Deane (McMaster University), Meric Gertler (University of Toronto), and Feridun Hamdullahpur (University of Waterloo) argue that although ON has an enviable education system and immigration record, a federal dependence on natural resources has left the country vulnerable to the ups and downs that are common to these markets. For this reason, the university leaders insist that Canada make a more targeted investment in innovation and entrepreneurship, which can thrive on volatility rather than being destabilized by it. The piece goes on to offer six key areas of government policy that can help universities create a regional hub for economic development, particularly in Southern Ontario. Globe and Mail