Quantum computing and Waterloo featured in Canadian Business magazine's Canada 2020 special. It suggests 10 areas where Canada has a chance to become a global leader.
TORONTO, Oct. 5 /CNW/ - It's time Canada made a stand in key industries vital to its future success. Some, such as energy and biotechnology, are obvious; others, including health care and manufacturing, might seem to go against the grain. Canadian Business magazine reveals where Canada can lead, why and how, as well as how Canada stacks up against the world in a variety of socio-economic categories.
Where Canada can lead, why and how:
- Clean Technology: With oil prices topping US$80 a barrel and carbon costs on the way, renewable fuels are no longer just a tree-hugging alternative. Canada has the talent and technologies to lead innovation in areas such as carbon sequestration, biofuels and geothermal energy.
- Video Game Development: About 20% of the top selling games in North America are developed in Canada and some of the best studios in the world exist in Vancouver, Montreal and Toronto. The global industry is expected to grow at a compound annual growth rate of 9.1% between now and 2011, making gaming a growing entertainment force, and a clear export opportunity.
- Quantum Computing: Canada has one of the world's largest critical masses of researchers in many of the key theoretical aspects of quantum information processing. With our resources, Canada has the chance to be at the forefront of the next major computing paradigm and more.