Wednesday, February 4, 2009

Sustainable Ontario

"There's no place like this"
The slogan of Ontario

And it is true. For more than two decades Ontario and especially GTA was a unique crossroad, which absorbed (and still absorbing!) the significant part of new immigrants. Canadian immigration policy welcomes primarily independent immigrants (which typically are high-skilled professionals), that is why during last twenty years we managed to build the strong community with very high level of education (e.g. GTA is the 3rd biggest IT center of North America with 300,000 IT professionals).

But, our economic policy is still characterized by short-sighted subsidizing - rather than transforming- declining sectors like the auto industry. Why should a foreign PhD work on an autopart plant or drive a cab? Is it more productive?

With all its human capital Ontario should be a center of science and 21st-century industries, not an assembly plant. Ontario requires not physical infrastructure upgrades but long-term public investments in scientific research and development. This is a unique opportunity to switch to 21st-century industry and pull out of this crisis with a greener and more competitive economy.

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