Businesses in mining, forestry, steel, agriculture and tourism sectors are transitioning to become a knowledge-based and innovation-focused economy in response to growing global demand
Advanced technologies, including those of digitization and automation, help manufacturers reduce production costs, improve productivity and international competitiveness, and generate demand for new skills and employment opportunities
The regional innovation ecosystem is successfully bringing people, institutions, businesses, and government together to move ideas to market and support economic growth
Emerging innovation clusters of post-secondary institutions, entrepreneurs, researchers and capital in health sciences and bio-medicine will require access to capital to grow
Entrepreneurship, Trade and Digital Economy:
New Information and Communication Technology (ICT) systems are available to bridge geographic and technological barriers
Entrepreneurship training for: 1) women, 2) trades people and 3) older workers is an opportunity for growth and for creating and transitioning businesses in smaller communities
Whole-of-government approach to access export markets and business development through new high growth trade agreements that support both export and domestic growth opportunities
New growth opportunities in existing sectors such as agriculture that leverage private investments for innovative ideas like greenhouse technologies
Building Stronger Communities:
Municipalities and Indigenous communities are prepared to take a leadership role in developing their economies to attract new business investment
Major transformative projects like the Ring of Fire and regional energy and road infrastructure to connect remote First Nations and provide economic opportunities for generations to come
The growing Indigenous population and residents currently not participating in the labour force provide a potential pool of existing resources to help address skill shortages
Leverage the Federal Action Plan for Official Languages
