Digital technology supercluster could create 50,000 jobs, $50B in GDP over 10 years

Jan 11 19:01 2018 Print This Article

Canada’s federal Innovation Supercluster Initiative has received all of its final proposals and while shortlisted applicants eagerly await their fate, one group has already released just how impactful it is expecting to be on the Canadian economy.

The Digital Technology (DT) Supercluster says that, if selected for the initiative, it anticipates more than $1.4 billion in investments to fund at least 100 collaborative projects with more than 1000 organizations over the span of 10 years. The BC-based consortium expects these projects could generate as much as $15 billion in gross domestic product (GDP) in that time and 50,000 new jobs.

The DT supercluster hopes use new or emerging technologies to advance Canada’s economic opportunities, position Canada as a global leader, and address challenges in several key verticals, including industry, health, and natural resources. It plans to use innovative tech like mixed, virtual, and augmented reality, as well as data analytics, artificial intelligence, quantum computing, cloud, and blockchain.

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