| There are two ways to diversify an economy: by responding to markets or by bureaucratic mandate. Smart governments will look to how the market is contributing to diversification in Canadian industry.
Canada’s C-suite leaders, unfortunately, favour the bureaucratic mandate route, seeking more investment in the clusters of Toronto and Waterloo to drive more technology jobs. As recent history with BlackBerry (formerly RIM) has shown us, and before that Nortel, our country’s high-tech track record, so favoured by the diversify-by-decree set, is spotty at best...............................................Full Article: Source
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