Burdensome regulation, limited competition and unfavourable taxes hold companies back.
They aim to encourage academia, not-for-profits and companies to work together on strategies to boost high-growth sectors.
Proposed tech hubs to foster public-private partnerships in industries across the country.
Letters of intent represent more than 200 companies and 20 post-secondary institutions.
Consortium-led approach to innovation brings together small and large companies, academia and not-for-profit organizations.