Richard Florida and Joshua Gans just published an article in Politico called: Trump Is Making Canada Great Again. The overarching argument is that as the US closes its borders, Canada benefits. The best and brightest from around the world are coming here.
This fall, international student applications at the University of Toronto were up 70% compared to last year. And numerous companies in Toronto are reporting “steady, double-digit increases” in the number of job applications from Americans.
This is exactly what I was getting at when I made the pithy prediction that Amazon is going to choose Toronto for HQ2. It’s about access to human capital (though I acknowledge the political reality of selecting a city outside of the US).
Perhaps here or here might work for a location.
Here is an excerpt from the Politico article that starts to speak to the importance of foreign-born workers in the US:
As of 2013, foreign-born workers in STEM fields—science, technology engineering and math—accounted for nearly a fifth of workers with bachelor’s degrees in the United States, 40 percent of those with master’s degrees and more than half of those with Ph.D.s. In the San Jose metro area, consisting largely of Silicon Valley, immigrants comprise more than 55 percent of adults who hold advanced degrees.
Here is a chart showing the US and Canadian metros with the highest percentage of foreign-born residents:
And here is a chart showing which metro areas receive the most venture capital dollars (in millions of US dollars):
As to be expected, Toronto, Vancouver and Miami lead in terms of the percentage of foreign-born residents. Though, I would bet that Toronto’s foreign-born population is far more diverse than those of Vancouver and Miami.
However, when you look at venture capital dollars invested, Toronto is nowhere near the top. Vancouver isn’t even on the list. And I suspect that some of you are surprised to see Miami sitting in between Chicago and Seattle (arguably a city that overperforms in tech relative to VC dollars invested). I was.
Perhaps Trump will help with this by making Canada great again.
This past summer, an IGA store in Montreal’s Saint-Laurent borough erected “the largest organic green roof garden in the country.” It is about 25,000 square feet and it has a soil depth of only 150mm.
They also claim that it’s the first supermarket in Canada to sell produce grown on the roof of the actual store. The brand: Frais du toit, or fresh from the roof. There’s even a livestream in the vegetable aisle showing you how the goods are doing overhead.
I would be curious to know what their yields are like and what they are charging for the produce. But it’s certainly a praiseworthy initiative.
Below is a quick video that will give you an idea of what the roof looks like. If you can’t see it, click here.
[youtube https://www.youtube.com/watch?v=-Z69ScyHCfU&w=560&h=315]
On September 14, 2017, Hyperloop One announced the 10 winners of its Global Challenge. These are the world’s “most promising” Hyperloop routes; selected through a process that began in May 2016 and involved more than 2,600 registered teams.
The winners:
Canada | Toronto-Montreal
India | Bengaluru-Chennai
India | Mumbai-Chennai
Mexico | Mexico City-Guadalajara
UK | Edinburgh-London
UK | Glasgow-Liverpool
US | Chicago-Columbus-Pittsburgh
US | Miami-Orlando
US | Cheyenne-Denver-Pueblo
US | Dallas-Laredo-Houston
If you aren’t familiar with what Hyperloop One is trying to accomplish, here is a quick video explaining the basics. Their goal is to have the world’s first operating Hyperloop by 2021.
If you happen to live in one of the above regions (about 148 million of us do), then you are probably already seeing the headlines in your feeds. For Canada, the promise is of connecting 25% of our country’s population
Richard Florida and Joshua Gans just published an article in Politico called: Trump Is Making Canada Great Again. The overarching argument is that as the US closes its borders, Canada benefits. The best and brightest from around the world are coming here.
This fall, international student applications at the University of Toronto were up 70% compared to last year. And numerous companies in Toronto are reporting “steady, double-digit increases” in the number of job applications from Americans.
This is exactly what I was getting at when I made the pithy prediction that Amazon is going to choose Toronto for HQ2. It’s about access to human capital (though I acknowledge the political reality of selecting a city outside of the US).
Perhaps here or here might work for a location.
Here is an excerpt from the Politico article that starts to speak to the importance of foreign-born workers in the US:
As of 2013, foreign-born workers in STEM fields—science, technology engineering and math—accounted for nearly a fifth of workers with bachelor’s degrees in the United States, 40 percent of those with master’s degrees and more than half of those with Ph.D.s. In the San Jose metro area, consisting largely of Silicon Valley, immigrants comprise more than 55 percent of adults who hold advanced degrees.
Here is a chart showing the US and Canadian metros with the highest percentage of foreign-born residents:
And here is a chart showing which metro areas receive the most venture capital dollars (in millions of US dollars):
As to be expected, Toronto, Vancouver and Miami lead in terms of the percentage of foreign-born residents. Though, I would bet that Toronto’s foreign-born population is far more diverse than those of Vancouver and Miami.
However, when you look at venture capital dollars invested, Toronto is nowhere near the top. Vancouver isn’t even on the list. And I suspect that some of you are surprised to see Miami sitting in between Chicago and Seattle (arguably a city that overperforms in tech relative to VC dollars invested). I was.
Perhaps Trump will help with this by making Canada great again.
This past summer, an IGA store in Montreal’s Saint-Laurent borough erected “the largest organic green roof garden in the country.” It is about 25,000 square feet and it has a soil depth of only 150mm.
They also claim that it’s the first supermarket in Canada to sell produce grown on the roof of the actual store. The brand: Frais du toit, or fresh from the roof. There’s even a livestream in the vegetable aisle showing you how the goods are doing overhead.
I would be curious to know what their yields are like and what they are charging for the produce. But it’s certainly a praiseworthy initiative.
Below is a quick video that will give you an idea of what the roof looks like. If you can’t see it, click here.
[youtube https://www.youtube.com/watch?v=-Z69ScyHCfU&w=560&h=315]
On September 14, 2017, Hyperloop One announced the 10 winners of its Global Challenge. These are the world’s “most promising” Hyperloop routes; selected through a process that began in May 2016 and involved more than 2,600 registered teams.
The winners:
Canada | Toronto-Montreal
India | Bengaluru-Chennai
India | Mumbai-Chennai
Mexico | Mexico City-Guadalajara
UK | Edinburgh-London
UK | Glasgow-Liverpool
US | Chicago-Columbus-Pittsburgh
US | Miami-Orlando
US | Cheyenne-Denver-Pueblo
US | Dallas-Laredo-Houston
If you aren’t familiar with what Hyperloop One is trying to accomplish, here is a quick video explaining the basics. Their goal is to have the world’s first operating Hyperloop by 2021.
If you happen to live in one of the above regions (about 148 million of us do), then you are probably already seeing the headlines in your feeds. For Canada, the promise is of connecting 25% of our country’s population
It would mean Toronto-Montreal in just 39 minutes:
This is shorter than many morning commutes. So it’s not hard to see why this is a tantalizing proposition. It would mean a union of our two biggest cities and our capital. More accessible Montreal bagels. And maybe, just maybe, a strengthened sense of bilingualism in this country.
But there are also critics who believe that all of this Hyperloop hype is simply a distraction. Why not focus on proven technologies as opposed to some fanciful pipe dream that may never materialize? This is about stroking political egos as opposed to real progress.
My views are pretty simple on this one.
Will Hyperloop Canada happen? Maybe. Maybe not. I sure hope it does. But it may not. It’s easy to draw lines on a map. It’s much harder to actually execute on those lines. And of course, logistics aside, the technology is still being developed.
But if all we ever focused our energy on were things that have already been “proven”, we likely wouldn’t create many new things. Things that today are proven, were once unproven. But they became proven because there were folks who didn’t let that minor detail deter them from trying. They went for it.
So if a private company would like to go out and raise $160 million from private investors to try and figure out how to sustainably connect Canada’s two largest cities in 39 minutes, I am more than happy to cheerlead. Because I’m not the one trying. Who am I to naysay?
It would mean Toronto-Montreal in just 39 minutes:
This is shorter than many morning commutes. So it’s not hard to see why this is a tantalizing proposition. It would mean a union of our two biggest cities and our capital. More accessible Montreal bagels. And maybe, just maybe, a strengthened sense of bilingualism in this country.
But there are also critics who believe that all of this Hyperloop hype is simply a distraction. Why not focus on proven technologies as opposed to some fanciful pipe dream that may never materialize? This is about stroking political egos as opposed to real progress.
My views are pretty simple on this one.
Will Hyperloop Canada happen? Maybe. Maybe not. I sure hope it does. But it may not. It’s easy to draw lines on a map. It’s much harder to actually execute on those lines. And of course, logistics aside, the technology is still being developed.
But if all we ever focused our energy on were things that have already been “proven”, we likely wouldn’t create many new things. Things that today are proven, were once unproven. But they became proven because there were folks who didn’t let that minor detail deter them from trying. They went for it.
So if a private company would like to go out and raise $160 million from private investors to try and figure out how to sustainably connect Canada’s two largest cities in 39 minutes, I am more than happy to cheerlead. Because I’m not the one trying. Who am I to naysay?
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