News Pick – Thomson Reuters pledges $100-million to growing Toronto technology hub

Thomson Reuters plans to move its Toronto technology centre into the newly rebuilt 10-storey office space at 19 Duncan Street by early 2021.

October 11, 2017 – “Thomson Reuters Corp. plans to invest $100-million (U.S.) to help build a permanent home for its growing Toronto technology hub. The news and information company has snapped up naming rights and all of the commercial office space in a major redevelopment of the former Southam Press Building. Sitting at the corner of Duncan Street and Adelaide Street West, the original brick structure with a history steeped in journalism was built in 1908.” Read more at the Globe and Mail


News Pick – As the world rushes to protect data, Toronto emerges as a cybersecurity hub

Rob Douglas’s company, BioConnect, has emerged as a leader in Toronto’s burgeoning cybersecurity sector.

October 5, 2017 – “In dozens of sports arenas across the United States, athletes unlock doors to secured areas with a biometric app on their mobile phones that recognizes their fingerprints, faces, eyes or voices. The technology is part of a made-in-Canada product by BioConnect, a Toronto startup whose core offering is an intelligent platform that translates data from different biometric products into a single language.” Read more at the Globe and Mail


News Pick – The Incredible Rise of Tech

AI Doctor Diagnosis

September 28, 2017 – “We have hungry entrepreneurs, deep-pocketed investors, next-level start-ups and an infinite supply of brilliant ideas. Why Toronto is the new Silicon Valley” Read more at Toronto Life


News Pick – AI holds promise of improving doctors' diagnoses

AI Doctor Diagnosis

September 12, 2017 – “Radiologists can scrutinize hundreds of images before identifying an area of concern in a patient’s body. Mark Michalski likens the process to “playing ‘Where’s Waldo?’ on each of those images.” But a type of artificial intelligence known as deep learning could soon help medical experts pinpoint problems faster and more accurately, says Dr. Michalski, executive director of the Boston-based Center for Clinical Data Science at Massachusetts General Hospital and Brigham and Women’s Hospital.” Read more at The Wall Street Journal


News Pick – Making Canada great again

NAFTA

September 5, 2017 – “Throughout his presidential campaign, Donald Trump liked to bang on about how Mexicans are stealing American jobs, and he called the North American Free Trade Agreement “maybe the worst trade deal ever signed anywhere but certainly ever signed in this country.” Now someone on the other side of the U.S. border is finally agreeing with him.” Read more at The Wall Street Journal


News Pick – Toronto is leading the charge of the global robot rising

Rise of AI

July 21, 2017 – “For many people, the term “artificial intelligence” conjures up visions of brainy humanoid robots who frequently have a bone to pick with their mortal creators. We can blame pop culture for that. From 2001: A Space Odyssey’s deranged (and disembodied) HAL 9000 and the doomed replicants of Blade Runner to the murderous, nearly-human “hosts” of HBO’s Westworld, artificial intelligence in TV and movies is often about sentient beings getting too smart for humanity’s own good.” Read more at The Bay Street Bull


News Pick – Toronto is the fastest growing tech market in North America

City of Toronto

July 20, 2017 – “Toronto has been named the fastest growing tech market in North America by the CBRE’s 2017 North American Scoring Tech Talent report. The city even beat out the technology hotbeds of San Francisco and New York City combined, shooting up from 12th to sixth in an overall annual ranking. From 2015 to 2016, Toronto added 22,500 new technology jobs, compared to 5,370 for New York and 11,540 for San Francisco. Toronto also ranked as the second-cheapest market with high quality talent for a technology firm to operate. When you consider the costs of hiring talent and finding real estate, it costs about $26 million (all figures USD) to run a 500 person technology company in Toronto, well below the lowest US city’s cost for the same thing, $34 million in Oklahoma City.”>Read more at Techvibes


News Pick – Finally, a way to halt Canada's 'brain drain'

Trump & Trudeau

July 10, 2017 – “What a difference a year makes. When David Duvenaud took a job as an assistant professor in computer science and statistics at the University of Toronto in 2016, the word “post-truth” was yet to be found in the Oxford English Dictionary, Donald Trump’s presidency was still a punchline and Brexit sounded like an overpriced breakfast cereal.” Read more at The Globe and Mail


News Pick – These countries have the most positive influence on the world

Canadian

July 7, 2017 – “The idea of the United States as a “shining city upon a hill” is most closely associated with President Ronald Reagan but has been used by politicians since the country’s earliest days. The founding founders wanted America to be a beacon of freedom and democracy that would light the way for the rest of the world. But it seems the brightness of that light has faded of late, with a new survey showing a significant and sudden drop in the number of people around the world who see the United States as having a positive influence. ” Read more at The World Economic Forum


News Pick – U.S. venture capital and tech expertise are flowing to Canada

Vector Institute

July 6, 2017 – “Canada is making an open and determined play to attract tech stars and investors to move north amid the squeeze of immigrants by President Donald Trump, and they are starting to respond. Salim Teja, director of venture services for Mars, Toronto’s sprawling innovation hub, tells Axios that hundreds of tech workers and students have applied for positions in Canadian tech firms and to study at the University of Toronto. Among the notable attractions are new artificial intelligence labs led by some of the world’s leaders in the field. ” Read more at Axios