The lockdown will end before scientists develop a working vaccine. Here’s a four-point plan for how companies should adapt.
Canada prides itself on its reputation as an open, tolerant and caring place. Especially at our border, where the image of Justin Trudeau greeting refugees turned away from the United States was seen around the world. But, over the dozen years that we have lived in Toronto, we have regularly encountered problems when coming back home to Canada at Pearson Airport.
We’re used to thinking of high-tech innovation and startups as generated and clustered predominantly in fertile U.S. ecosystems, such as Silicon Valley, Seattle, and New York. But as with so many aspects of American economic ingenuity, high-tech startups have now truly gone global. The past decade or so has seen the dramatic growth of startup ecosystems around the world, from Shanghai and Beijing, to Mumbai and Bangalore, to London, Berlin, Stockholm, Toronto and Tel Aviv. A number of U.S. cities continue to dominate the global landscape, including the San Francisco Bay Area, New York, Boston, and Los Angeles, but the rest of the world is gaining ground rapidly.
Toronto Mayor John Tory’s resounding victory last month gave him an “historic mandate,” as he put it. He’ll need it, because the city he is leading is badly stuck, unable to address the deep challenges it faces. Indeed, the mayor must use his hard-won political capital to make headway on four key fronts.
First and foremost is affordable housing. Tory has said he will make housing and housing affordability a priority of his second term, declaring that “we must do more to speed up the increase in supply of affordable housing.”
lobalization strikes again. The latest target is entrepreneurship.
For decades, promoting start-up firms through venture capital and other methods of business investment seemed a peculiarly American strength. It has nurtured countless tech firms, including titans such as Facebook, Google and Apple. Americans have been duly proud. It reinforced a sense of national exceptionalism, because other countries couldn’t easily duplicate it, if at all.
En estos tiempos, la clave para el desarrollo económico de América Latina ya no solamente incluye sus materias primas y sus manufacturas, sino también un recurso ilimitado aunque ignorado por muchos: el inmenso potencial creativo de la región. La creatividad forma indiscutiblemente parte del ADN de las sociedades, ciudades y barrios latinoamericanos,
While recent headlines have blared about the Trump administration’s multi-front trade war with Canadian dairy farmers, Chinese manufacturers and the European Union’s steel, aluminum and automotive industries, a much larger economic threat has gone virtually unnoticed. The high-tech startups that have provided the U.S. with a powerful edge in fields such as computers, software, mobile devices, biotech, the internet and an array of digital platforms now face rapidly increasing pressures from foreign competition. This looming crisis of American innovation could undermine the nation’s long-running global advantage in bringing to market the next new technology, the next new industry, the next big thing. It may well be the gravest challenge yet to America’s century-plus hold on global economic hegemony.
Canada, we increasingly hear, is becoming a global leader in high-tech innovation and entrepreneurship. Report after report has ranked Toronto, Waterloo and Vancouver among the world’s most up-and-coming tech hubs. Toronto placed fourth in a ranking of North American tech talent this past summer, behind only the San Francisco Bay Area, Seattle and Washington, and in 2017 its metro area added more tech jobs than those other three city-regions combined.
It goes without saying: Ours is a divided nation. But the real boundary doesn’t run between Blue or Red states, liberal and conservative ideologies, or urban versus rural regions. No, the real divide in America is one of scale. Richard Florida and Mick Cornett belong to different political parties, and differ sharply on a number of policy views. But they share a core belief that our country’s future lies in Local America.