Cities (and jobs) center on industry clusters, so Canadians compete with American regions.
A report released Monday by the Toronto Board of Trade (TBOT) details how five Canadian cities stack up against seven major U.S. cities in 10 key industry clusters.
Infographic: How Canada’s major business sectors stack up } March 26, 2012 | The Globe and Mail at http://www.theglobeandmail.com/news/national/infographic-how-canadas-major-business-sectors-stack-up/article2381063/.
A more complete analysis appears in the related article.
… is it possible to force-feed clusters, or to shift a city’s existing cluster mix?
James Milway, executive director of the Martin Prosperity Institute at the University of Toronto’s Rotman School of Business, said the most effective move is “to take what you’ve got and make the best of it.”
Local educational institutions need to turn out skilled graduates that the existing clusters need, he said, and “if the government can prod that along, that’s great.” Solid infrastructure and a stimulating living environment can also help lure skilled workers.
But it is tough for governments to create clusters out of whole cloth, Mr. Milway said, although there have been attempts to do so. Ontario is trying to create a province-wide cluster of renewable technology firms through the local-content requirements in its Green Energy Act – although Mr. Milway is not convinced that will be effective over the long run.
Full article as “Prosperity scorecard measures how cities foster business hubs” | Richard Blackwell | March 26, 2011 | The Globe and Mail at http://www.theglobeandmail.com/news/national/prosperity-scorecard-measures-how-cities-foster-business-hubs/article2381062/.