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Ottawa 2.0 – The Flint Michigan of Canada’s High Tech World?
The Citizen published an article on the key role Nortel has had on the Ottawa high tech market, noting that there are no replacements for Nortel waiting in the wings to step-in to the void. Here is a...
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Civil Unrest Coming to the United States?
A friend in California sent me an article today that was very disconcerting. The article was reflecting on a recent report published in Europe relative to the impacts and consequences of the economic...
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Where is the US Bail-out Money Going?
The New York Times has a great table that lists out where the money is going and what has been committed versus what is not committed. Posted in Business, Economy, General Interest, Government,...
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Canadian GDP Sharpest Quarterly Decline Since 1991
The Canadian economy contracted at an annualized rate of 3.4 per cent in the fourth quarter, compared with a 6.2 per cent decline in the U.S. economy, a 5.9 per cent drop in the European Union and a...
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Half of US Automotive Plants to Close and 200,000 Jobs Eliminated?
Jeff Rubin, CIBC World Market’s chief economist, has published a report that analyzes the automotive industry Jeff predicts that the US auto industry will undergo a massive correction that will...
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The Death of Canadian R&D Spending
The 2008 report on Canadian R&D spending from Research Infosource identifies the following top 10 R&D spenders - Nortel $1.851B BCE $1.26B Magna $.725B Pratt and Whitney $.444B IBM $.377B...
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What Jobs Are Recession Proof in Canada?
An article in the Toronto Star today highlights where there is still hiring happening in Canada: … 31,000 jobs added to the health care and social services sectors in February alone. Recession-proof...
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Depression 2.0 – Hoovervilles/Shantytowns/Tent Cities Have Arrived in the US
There are numerous tent cities starting to appear in the United States as the financial crisis continues to hit hard. The Daily Mail in the UK reports on the growing number of unemployed in the US...
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US, Canada and European Governments Actively Preparing for Widescale Civil...
This blog entry noted european think tank forecasts of civil unrest in the US as a consequence of the economic crisis. It was reported back in September 2008 that - U.S. troops returning from duty in...
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Chrysler to Canada – Hand Over the Cash or I Shoot 9,000 Kittens!
According to the Globe and Mail, Chrysler has resorted to extortion in order to extract tax payer money to prop up their failing company. According to the article: At a parliamentary committee hearing...
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Foreign VC Investment in Canada Down More Than 50% in 2008
Industry Canada reports that foreign VC investment in Canada is down 53% in 3Q08 compared to 3Q07. The bulk of investment is going towards ICT and Life Sciences deals. Ontario, Quebec and BC account...
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Canadian Unemployment in February Hits 7.7%
Stats Canada has reported that Canada’s unemployment rate hit 7.7% in February. In February, Ontario unemployment hit 8.7%. Stats Canada also noted that just over half of all employment losses in...
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Ontario Commercialization Network to be Reformed?
The Ontario Commercialization Network Steering Committee Report was delivered to the Minister late February. PWC produced a report on OCN prior to the Steering Committee Report but it was not made...
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Canada is Potential Leader in Global Technology Revolution
A recent Rand report , “The Global Technology Revolution 2020″, looks at 16 upcoming key technologies and the ability of 29 countries to acquire and to implement. The following chart identified the...
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Cities in Ontario at Over 10% Unemployment
An increasing number of cities in Ontario are significantly above the national average of 7.7% unemployment, including: Windor 12.6% London 8.4% Kitchener 9.1% Hamilton 8.4% St-Catherines-Niagara 9.5%...
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Canadian Manufacturers and Exporters See Increasing Challenges in 2009
The Canadian Manufacturers and Exporters (CME) Association released a report in late February, that summarized survey results from Canadian manufacturers and exporters on their perceptions of business...
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McGuinty Government Announces $250M Fund
McGuinty’s government announced a new fund today oriented towards helping keep Ontario start-ups moving forward in the face of a non-existant venture capital market. The fund will match private...
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Carleton University Poster Session – Innovation, Talent, Commercialization
I attended the Carleton University engineering poster session on Mar 20th. 89 engineering students displayed the results of 36 4th year projects...
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Recession Proof Businesses – US Gun Shops
According to Reuters, in the first two months of 2009, around 2.5 million Americans bought guns, a 26 percent increase over the same period in 2008. Gun dealers report this rise in sales to be a...
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13% Increase in Individuals Using Ottawa Emergency Shelters in 2008
The Ottawa Alliance to End Homelessness released it’s report for 2008. The report showed a 13% increase in 2008 compared to 2007, of the number of individuals and families using local Ottawa emergency...
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Canadian Unemployment Rate Hits 8% in March
Stats Canada has reported that Canada’s unemployment rate hit 8% in March. This is the highest rate in seven years. In March, Ontario unemployment remained steady at 8.7%, however Ottawa’s...
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Forget Monorails! The New Snake Oil for Economic Development is Green Tech...
Green tech and clean energy is the new snake oil – and is increasingly being pushed in Ottawa and other communities as “the future of technology” and the source for attracting venture capital, private...
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More Beef, Less Bun!
We are in the midst of the worst economic downturn Ottawa has seen, and we are watching our high tech sector melt away. I find it very disturbing that there are few organizations – other than the...
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High Tech? Ensure You Know About the IRAP Small Project Accellerated Review...
Posted in Best practices, Business, Canada, Commercialization, Creative Class, Economy, Ecosystems, Entreprenuerism, General Interest, Government, Government Policy, Information Technology, Innovation,...
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Ottawa Tech Jobs Melting Away
The Ottawa-Gatineau unemployment rate took a sharp jump recently and currently sits at 5.2%. Under the surface, the situation for tech jobs is increasingly serious. In Ottawa-Gatineau technology jobs...
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Lead to Win Program Update – April 25th
CTV Ottawa News Coverage This Sunday! Tune-in to CTV Ottawa TECH NOW with Paul Brent on April 26th at 6PM for a special report on Lead to Win! City of Ottawa, Carleton University and Business – United...
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Broadband Infrastructure Projects for Economic Development
A recent report from OECD advocates government policy makers deploy stimulus funds and investment into broadband infrastructure - Broadband infrastructure, in particular, can be a good target for...
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Canadian Small Businesses Outlook Improving
Survey results from the Canadian Federation of Independent Business showed some improving outlooks among small business owners polled: 38% considered the condition of their business to be “good”, 18%...
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Nortel Collapse and Kanata Future
“Nortel’s collapse could spell the doom for the industry and trigger an exodus of high-tech companies from north Kanata.” Posted in Business, Canada, Economy, General Interest, Government, Government...
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INTERESTED IN LAUNCHING A NEW TECH BUSINESS? LEAD TO WIN WANTS TO HELP YOU!
Here is a recent call for participants from Dr Tony Bailetti for the 3rd session of the Lead to Win program which starts on July 28th – please spread the word! INTERESTED IN LAUNCHING A NEW TECH...
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BDC Gas Tank is Filled Up!
Industry Canada announced on Monday that they will be providing additional funding for BDC. The funding allocation includes $350M for BDC‘s venture capital activities that will allow it to make...
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Lead to Win Reception
Lead to Win held a reception on Monday evening for participants and supporters. Special guests included the Mayor of Gatineau and the acting Mayor of Ottawa. Both expressed their support for the...
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Carleton and Ottawa University Publish World Leading Research on Zombie Plagues
A recently published research paper from professors at Carleton and Ottawa University has determined that A zombie outbreak is likely to lead to the collapse of civilisation, unless it is dealt with...
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Social “Things” and E-democracy
Social networks and services offer interesting possibilities for the future of e-democracy. E-democracy is a combination of the words “electronic” and democracy.” E-democracy represents the use of...
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Social Networking + Mobile = Next Killer App
Morgan Stanley recently published data on key economy and internet trends. The presentation is available online at various locations, including SlideShare below: Some key highlights: Mobile internet...
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US at 17.5% Unemployed and Underemployed
The New York Times published an article on November 6th that talked to the point that the “broader measure of unemployment stands at 17.5%“. The 17.5% rate includes the officially unemployed, who have...
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Key Economic Indicators
CIBC publishes two documents that provide a good summary of key economic indicators for US and Canada: Key Canadian Economic Indicators Table Key U.S. Economic Indicators Table The Economist publishes...
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Pharmaceuticals to Replace Telecom as Canada’s Top R&D Spenders?
RESEARCH Infosource released a report last week titled “Canada’s Top 100 Corporate R&D Spenders List 2009 Analysis“ Canada’s communications/telecom sector was the number one R&D spend – with...
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Ottawa University #8 in Research Income in 2008
Research Infosource published a report titled “Canada’s Top 50 Research Universities List 2009 Analysis“. Ottawa University came in #8… unfortunately Carleton University didn’t make the list.Posted in...
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Smart Phones, New Politics
Purple Forge Ottawa Citizen – Smart Phones, New Politics Posted in Business, Canada, Canadian Politics, Ecosystems, Entreprenuerism, General Interest, Government, Government Policy, Innovation, Jobs,...
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