University research and partnerships drive regional growth in Ontario

Ontario’s global competitiveness relies on creating the networks for collaboration among universities, new and established economic sectors, and communities in every region of the province, a new report from the Ontario Chamber of Commerce recommends.

“The most cost-effective way to unleash Ontario’s economic potential is to invest in ecosystems of talent, trade, infrastructure and innovation,” the report, titled The Great Mosaic: Reviving Ontario’s Regional Economies, states.

It advises government to invest in the building blocks of regional economic growth, including strengthening innovation centres and cluster development to promote long-term and sustainable growth.  The report also argues that the graduates, researchers and ideas coming out of universities play a direct role in helping business, regions and people in the province grow and thrive.

The report recommends developing several avenues for co-operation and collaboration among universities, the province and business sectors:

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