TORONTO SMALL BUSINESS & TECH ENVIRONMENT GUIDE

March 4th at 7:53pm

The economy of Toronto is the largest contributor to the Canadian economy, at 20% of national GDP, and an important economic hub of the world. Toronto is a commercial, distribution, financial and industrial centre. Toronto is one of the most multicultural urban areas in the world. Each year tens of thousands of newcomers from around the globe choose our city as their new home. Their diverse cultures and communities have helped create Toronto’s identity as a vibrant global city. The Toronto Region is the economic engine of both Ontario and Canada and a critical driver of the North American economy. Home…

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CANADA IS TECH HUB FOR 2020

December 30th at 10:30pm

The vision and hard work of generations of trailblazers have led Canada to become an internationally known destination for tech. The Canadian government stands fully behind its researchers and innovators, and today they’re leading the pack. Canada now has ownership of the global AI race and is the first country to have a national AI strategy. With no fewer than 500 global AI firms making their home there, artificial intelligence is only one aspect of Canada’s new tech dominance.  More than 39,000 IT companies have sprouted up throughout the country to bring in $181 billion annually. The country’s culture and government foster…

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BIG DATA COMPANIES IN CANADA

May 14th at 5:45pm

Data (facts and statistics collected for analysis) is increasingly important to business growth. In fact, 90 per cent of all data ever collected was generated in the last two years. Connecting and understanding data related to people, platforms, the Internet and supply chains (and most importantly, turning it all into profitable insights) is crucial when achieving competitive advantage. The sheer amount of information and variables to consider can be overwhelming. That’s where nimble, data-focused startups come in. These companies help clients make the right business decisions, share data efficiently and increase effectiveness. Big Data Analytics has become a key requirement…

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TORONTO’S BIOTECH INDUSTRY

March 6th at 11:29pm

The Canadian biotechnology and life sciences sector is a significant contributor to Canada’s innovation economy, and one of the country’s fastest growing industries. The Canadian biotechnology sector comprises occupations within research, development and manufacturing. With more than 400 biotechs, Canada ranks second after the United States in the number of biotech companies; it ranks third, following the United States and United Kingdom, in generating biotech revenues, with about $5 billion (Canadian). The Toronto area boasts 40% of Canada’s biotech industry. The Toronto region is home to the largest geographic concentration of health sciences assets in Canada, with strong connections to…

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