Globe and Mail is Canada’s national newspaper with the second largest broadsheet circulation in the country. It has enormous influence on Canada’s political and business elite.
Ontario – Northern Ontario, in particular – is rich in natural resources.
Northern development is one of Ontario’s great economic opportunities. With
industrial production surging in developing economies, demand for these
resources is high, and we need to capitalize on opportunities across the
value chain. (Gordon Nixon and Kevin Lynch)
Gordon Nixon, CEO of the Royal Bank of Canada, is chair of Ontario’s Jobs and Prosperity Council. Kevin Lynch, vice-chair of BMO Financial Group, is vice-chair of the council.
The world has changed, and Ontario must adapt or fall behind. Emerging economies are driving a new era of intense global competition. The Internet and information revolution have made the world smaller, entrenching globalization and accelerating the pace of change. Developed economies are mired in the aftermath of the worst financial crisis and global recession since the 1930s, and many of the advantages that underpinned their prosperity have vanished.
Developed economies across the world must reinvent themselves to compete and win in the new global marketplace. Ontario is no exception – the status quo is not an option.