18 January 2008

Toronto unveils Prosperity Agenda

The City of Toronto today unveiled their "Agenda for Prosperity," a plan for the city to lead the region in cultivating creativity for the benefit of our prosperity index. Mayor David Miller created the Mayor’s Economic Competitiveness Advisory Committee to come up with a plan to "position Toronto as a leading global city of the 21st century." George Brown College President Anne Sado is a member of this committee.

The report fits well with building a regional innovation economy, along the lines of federal and provincial research and development sponsorship (S&T Strategy; Ontario's Ministry of Research and Innovation), and the Toronto Region Research Alliance's recent Toronto Region Innovation Gauge. This report is interesting for its comprehensive look at the GTA and our capacity to engage in innovation. The TRRA looked at innovation inputs, process, and outputs, and tells us that in the GTA the "innovation engine that is not performing up to its considerable potential."

A couple of articles on the Agenda for Prosperity (from the Globe and Eye Weekly) offer some good analysis of the potential - both economic and social - that the GTA innovation index has for the surrounding region, if not Canada. Ontario's movement toward harmonizing the research and innovation conduits within an integrated education system (one in which greater academic mobility is leveraged for the benefit of students, community and industry alike) will strengthen our overall social and economic competitiveness. This is the "collaborate to compete" model: working together to build a better social and economic climate.

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