Report focuses on innovation economy

OCRI.jpg“Ottawa is one of North America`s fastest growing economies,” announces OCRI’s 2007 Ottawa Report, the capital’s yearly economic physical administered by the city’s lead economic development agency. The compilation of statistical data from various sources, which throws a spotlight on the city’s strengths and weaknesses, reveals that Ottawa is the top R&D spender per capita nationwide, with local companies and the public sector investing more than $5.5 billion in research and development projects annually. It also points out that enrolment in science and technology courses has decreased by nine percent in the last 12 months, regrettable news to local universities and the high tech industry, Ottawa’s largest employer. Click here to see the full report.

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