Flaherty says high-tech innovation is crucial to Ontario's prosperity

Archived Release

Flaherty says high-tech innovation is crucial to Ontario's prosperity

TORONTO, June 26 /CNW/ - Minister of Enterprise, Opportunity and Innovation Jim Flaherty today said the information and communications technologies industry (ICT) is a key sector of Ontario's economy as it is a direct creator of jobs, growth and new ideas.
Flaherty told delegates at the general meeting of the Information Technology Association of Canada for Ontario (ITAC-Ontario), that their industry plays a key role in the government's goal to create a culture of innovation across Ontario.
"From business intelligence software to wireless voice data transmission, the information and communications technologies industry thrives on its ability to innovate," Flaherty said. "This government is committed to supporting its growth and encouraging it to move forward in new and pioneering ways."
Over the past seven years, the government has cut taxes, reduced red tape, invested in infrastructure and skills training, and provided research and development incentives.
"We've heard your message that there are still key challenges in areas including access to capital, skills, commercialization and the position of Ontario in the global market place," Flaherty said.
Flaherty said the government wants to work closely with the ICT industry and is listening to its concerns. Last month, with the help of ITAC-Ontario and the help of several regional associations, the government conducted industry outreach meetings in Toronto, Ottawa, York Region and the Kitchener/Waterloo area. As further proof of the government's commitment, Ontario will convene an International Summit on Innovation in the fall.

Disponible en fran├žais

For more information, visit www.ontario-canada.com
For further information: Dan Miles, Minister's Office, (416) 325-6795