No, Canada Will Not Be the Next Silicon Valley

[theworldismine13]

No, Canada Will Not Be the Next Silicon Valley
No, Canada Will Not Be the Next Silicon Valley

Canadian Prime Minister Justin Trudeau is pledging $800 million over the next four years to create "technology incubators" aimed at transforming cities like Waterloo, Ontario, into the next Silicon Valley. Finance Minister Bill Morneau laid out the vision during a speech in the House of Commons on Tuesday:

Science, insight and innovation tend to develop in clusters. The most famous of these clusters is Silicon Valley.

Everyone knows Silicon Valley is the world’s capital of digital technology. But, I’ll tell you, everyone in Silicon Valley knows that Canada’s own Waterloo region is home to some of the most brilliant, innovative minds and companies in the world.

This is a model that Canada can and must build on. We believe that businesses, post-secondary institutions, governments and other stakeholders can work together to accelerate economic growth. We will invest $800 million over four years to support innovation networks and clusters designed to increase collaboration and create value through innovation.


Canada is not alone in their push to create the next great hub of genius. Dubai, London, Rwanda, and Shenzhen are just a few cities investing in the idea. But according to Eric Weiner, author of The Geography of Genius: A Search for the World's Most Creative Places, From Ancient Athens to Silicon Valley, these attempts will inevitably fail. "I wish I could sit here and tell you that there was a formula and if you applied that formula you could create the next Silicon Valley," he explained during an interview with Reason TV earlier this year. "There is no formula."
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[☑︎#VoteDemocrat]

 

[Strapped]

It could happen if they open the door to more asians

 

[714562]

I hope Prime Minister Trudeau is ready to ramp up military spending, considering Silicon Valley wouldn't exist without the US military.

The Inconvenient History of Silicon Valley

 

[Scoop]

Trudeau is going to be a major flop

If he wasn't a good looking guy no one would care about him as it is.

 

[Tom Foolery]

Trudeau is going to be a major flop

Already is in my book. Told lies just to get into office and his new budget is just

 

[GunRanger]

800 million is nothing. Lol


Why stay in canada and pay high taxes when you can make more money in the usa without even factoring in the fact the usd is worth more than the cdn

 

[Jhoon]

800 million is nothing. Lol


Why stay in canada and pay high taxes when you can make more money in the usa without even factoring in the fact the usd is worth more than the cdn

Quality of life. Enjoy working your 3000 hour work weeks.

 

[Nomad1]

Already is in my book. Told lies just to get into office and his new budget is just

the budget is fine

 

[Phitz]

The title comparison is misleading. It should have said Waterloo NOT Canada. Analogy is so off.

Anyway, Waterloo region does have a ton of tech firms packed up in a small geographical area. It's already Canada's version although small.

 

[Phitz]

800 million is nothing. Lol


Why stay in canada and pay high taxes when you can make more money in the usa without even factoring in the fact the usd is worth more than the cdn

Many people prefer Canada's quality of life to the US. The stress levels and temperment is a little different(save for Toronto).

 

[☑︎#VoteDemocrat]

CREATE culture, brehs

 

[newworldafro]

It could happen if they open the door to more asians

...They have plenty of Asians in Canada. I see it's 30 miles from Toronto. Build a train connection, and it'll be more likely to take off as tech hub.

 

[Tom Foolery]

the budget is fine

Lie, Mismanage, Be incompetent. He can do no wrong in your eyes.

You'll learn.

 

[Nomad1]

Lie, Mismanage, Be incompetent. He can do no wrong in your eyes.

You'll learn.

He said we would run on deficits, and he's only broken 10 campaign promises.