The superclusters initiative will transition Canada to a high-value economy that competes globally based on the most innovative solutions and a highly skilled work force. That’s how Canadians will develop the skills for the well-paying jobs of today and tomorrow.
Industry advocates are applauding the Trudeau government for seeking out new ways to drive innovation in Canada, but a government watchdog says it likely won't work because governments aren't good at predicting economic trends.
In truth, the country needs the superclusters initiative to succeed. Other countries have already invested massively in research and innovation because they know that a lull today will mean a lag in the future. In this highly competitive environment, no one can afford to stand still. Canada knows this too.