Ottawa’s innovation strategy should focus on cities

The feds will be tempted to spread money widely, but they’ll likely get more bang for their buck by concentrating on a handful of urban centres.
Innovation Minister Navdeep Bains. Creating business innovation areas in Canadian cities would take the efforts of all three levels of government, say the authors.
TORONTO—There was plenty of good news for Canadian tech companies in the Liberals’ innovation-heavy budget. There was $400-million for the Business Development Bank of Canada to invest in late-stage companies, a package worth $2.2-billion to support clean technologies, and new investments in tal...

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