Is the Innovations Supercluster Initiative Going to be a Disaster?

Audio, Economy, Frontier Centre

The federal government has decided to throw $950 million dollars into “strengthening Canada’s most promising clusters and accelerating economic growth in highly innovative industries…while positioning Canadian firms for global leadership.”

What this means is that the feds will handpick five business proposals (which will probably turn out to be in Liberal electoral strongholds) and “supercharge” their competitiveness and “leverage” their technologies and “add informatics, connectivity and traceability” And other buzz-word stuff that will supposedly increase economic growth and add jobs.