Topic: SMEs

The Short Report, March 4, 2019: Kirsty Duncan moves for a standing committee on science and research; Alberta cuts post-secondary education funding; Canadian miners make an action plan

The Short Report: New Parliamentary standing committee proposed for science and research; new Protein Industries Supercluster projects; Alberta cuts post-secondary education funding while Ontario increases it; boosting competitiveness of Canada’s mining sector; creating research internships for students; Canadian science for the Moon; developing small nuclear reactor technology; and more.

Access to innovation spurs regional diversification and growth

Cluster development is essential for community survival and development. It can help diversify industry to ensure communities are not overly reliant on one sector, while creating an ecosystem that simultaneously stimulates the growth of Canadian SMEs and attracts international players to the area. A case study of the Sarnia-Lambton region highlights both the necessity of thinking long-term about regional cluster development, and the active part that colleges play in cluster building through efforts such as providing infrastructure, bringing together partners, and providing research and development (R&D) for SMEs.