Toronto’s tech boom fueled by universities, immigration: Dutch heat financier Douglas


Toronto has positioned itself as one of the world’s premier technology hubs, with the University of Toronto a key contributor to an innovation ecosystem brimming with talent and welcoming startups and tech giants, according to a leading Dutch financial newspaper.

The feature article by Het Financieele Dagblad, or FDexplores the strengths of Toronto’s tech scene and echoes comments made earlier this year New York Times. “A lot of people who have lived in Toronto for years have a sense of confidence in a city that wasn’t there five or six years ago. John FrenchThe Director of T Entrepreneurship talks the paper (by definition).

That confidence, F.D According to reports, tech entrepreneurs are increasingly choosing to stay in Toronto — attracted by the city’s presence, diversity and talent pool — over moving to Silicon Valley. “When I was studying in Toronto 10 years ago, the perception was that you had to go to California or New York to get a job.” Nick Frost.said the founder of AI language processing startup Koher F.D. “I don’t hear that myth anymore. “Students who stay in Canada build careers just as well as those who go to America.”

F.D The university professor emeritus will highlight the contributions Jeffrey Hinton Helping to build Toronto’s status as a technology hub through both pioneering deep learning research and co-founding the Vector Institute for Artificial Intelligence. He also cites the upcoming Schwartz Reisman Innovation Campus as an example of how institutions like UofT can accelerate Toronto’s tech development.

The newspaper He notes that the influx of tech giants such as Google, Amazon, Microsoft and Meta to Toronto is creating a “brain drain” as global tech talent flows to the region, aided by Canada’s liberal immigration policies.

Read the feature inside F.D (Registration required, in Dutch)



Source link

Related posts

Leave a Comment

3 + 20 =