The Economic Blueprint Institute (EBI), as a strategic initiative of the Toronto Region Board of Trade, works to enhance regional collaboration and competitiveness in the Innovation Corridor by leveraging the power of data.
As Canada’s largest and most diverse urban economic zone, the Innovation Corridor’s economic recovery will determine the trajectory of the country’s rebound. Shaping Our Future, a playbook for that recovery, provides clear and practical implementations for reimagining regional growth, investment, and coordination.
The One Corridor Working Committee (OCWC) is a collaboration between senior municipal administrators, Toronto Global and the Economic Blueprint Institute which resulted in the co-creation of Shaping Our Future, A playbook for rebooting and reimagining the regional economy in Ontario's Innovation Corridor. The playbook identifies clear and practical actions that business, all orders of government and regional organizations can take to catalyze the Innovation Corridor's economic recovery.
Home to nearly eight million people and more than three million jobs, the Innovation Corridor generates two thirds of Ontario’s GDP and a quarter of Canada’s. It is comprised of ﬁve Census Metropolitan Areas (CMAs): Oshawa, Toronto, Hamilton, Guelph, and Kitchener-Cambridge-Waterloo. Together, these CMAs represent thirty four municipalities.
For the Innovation Corridor to retain its economic competitiveness, the region needs a skill agenda that applies a data and demand driven approach to workforce planning. As the digitization of the economy accelerates, a more detailed understanding of whether the Corridor will face a shortage of workers with such skills is essential.
As the Innovation Corridor increases in density, commuters are faced with congestion, inefficient routing and punitive fares. Investments in transit networks must continue for the region to be world class.
Housing affordability is imperative to the long term success of the Innovation Corridor. When a city becomes unaffordable, it forces essential workers out, hurting businesses and making the city less livable.
Joining the Toronto Board of Trade means gaining access to the latest competitive, relavent regional information from The Economic Blueprint Institute that you can use to make business decisions and identify new, lucrative opportunities for future growth.