Toronto Global https://torontoglobal.ca Your Region for Business Thu, 06 Jun 2024 17:47:19 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 Toronto Global Your Region for Business false Ontario’s New Life Sciences Council: An Opportunity for Growth https://torontoglobal.ca/media-center/ontarios-new-life-sciences-council-an-opportunity-for-growth/?utm_source=rss&utm_medium=rss&utm_campaign=ontarios-new-life-sciences-council-an-opportunity-for-growth https://torontoglobal.ca/media-center/ontarios-new-life-sciences-council-an-opportunity-for-growth/?noamp=mobile#respond Fri, 28 Apr 2023 01:18:00 +0000 https://torontoglobal.ca/?p=26256

Yesterday morning, the Government of Ontario announced a new Life Sciences Council, made up of its leaders across the public and private sectors.

As long-time champions of growth in the life sciences sector, we are so pleased to see so many key players brought together to make change and build a more sustainable and competitive its ecosystem in Ontario.

This begs the question, what opportunities do we have for change in the current life sciences ecosystem?

Life Sciences in Ontario

As it stands, Ontario’s its industry is emerging as a leader. The Toronto Region alone has a fast-growing labour force of over 47,000 workers and over 16,000 STEM graduates each year.

The life sciences industry in the Toronto Region spreads far and wide. From Mississauga’s cluster of 30 multinational pharmaceutical companies and six hospitals to the “Discovery District” in Downtown Toronto, with nine hospitals, 37 world renowned research facilities and six postsecondary schools.

The life sciences sector in our region is witnessing an era of unprecedented growth from companies and government alike. In 2022, Ontario life science strategy stating the goal to maintain and grow Ontario’s biomanufacturing and its sector by targeting 85,000 high-value jobs in the life sciences sector by 2030.

The life sciences council has been put in place to do just that, but first we must address Ontario’s strengths and weaknesses – or as we like to call it, opportunities.

Strengths: Talent and Collaboration

Life sciences organizations in the Toronto Region can collaborate with 40 percent of Canada’s pharmaceutical companies and some of the world’s top-rated research facilities.

Toronto General Hospital consistently ranks in the top 10 hospitals globally. Mount Sinai Hospital ranks fourth in the in terms of stem cell publications and York Region’s Humber River Hospital is North America’s first ever digital hospital.

Currently, 160 organizations in the Toronto Region are making discoveries in the field of regenerative medicine, including many members of the newly appointed council. With 18 colleges and universities graduating over 5,000 life sciences students per year, it is no wonder innovation happens here.

Due to our region’s fast emerging its hub, companies are looking to expand here more than ever before. With this influx of new life sciences companies, and the growth of those already here, we will need more wet lab space in the Toronto Region to accommodate this growth.

Opportunities: Wet Lab Space

After reaching out to various its organizations throughout Ontario, we realized they shared the same concern.

“We are a computational biology company working with three of the top 25 pharma companies. Lack of wet lab space has 1) forced us to consider growing elsewhere, 2) slowed our pace of development for novel IP, 3) impacted our ability to recruit senior talent,” said Co-Founder and CEO of ProteinQure, Lucas Siow.

The proof was in the testimonials. The Toronto Region has all the pieces to keep its thriving, we just need the glue that holds them together: lab space. Last summer, we released “At the Tipping Point,” in partnership with Shift Health, which details the need for more wet lab space in the Toronto Region. The key takeaways are:

  1. Lack of wet lab space is creating significant challenges for companies that want to remain in or move to the Toronto Region and constraining the growth of the Canadian life sciences sector.
  2. More private sector wet lab investment is necessary to ensure that Ontario’s surplus of biomedical research companies have a place to grow – here.
  3. The cost and specialized resources of developing new lab space from the ground up or of converting an existing office building into lab space far exceeds those of standard commercial projects.

The growing concern for lab space in the Toronto Region actioned the creation of a Wet Labs Coalition, which we are happy to say is making progress in carrying forward our call to action. With many members of this coalition overlapping with those of the Government of Ontario’s Life Sciences Council, we are confident that the dire need for wet lab space will be top of mind when looking into next steps.

We are looking forward to the council’s recommendations on building a globally competitive life science ecosystem that attracts and retains companies, talent and capital right here in Ontario. Ensuring that we have enough lab space is a critical part of the solution.

Interested in learning more about wet labs? Click here.

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Talking About Equity, Diversity and Inclusion: Employee Spotlight on Graeme Cooke https://torontoglobal.ca/media-center/talking-about-equity-diversity-and-inclusion-employee-spotlight-on-graeme-cooke-2/?utm_source=rss&utm_medium=rss&utm_campaign=talking-about-equity-diversity-and-inclusion-employee-spotlight-on-graeme-cooke-2 https://torontoglobal.ca/media-center/talking-about-equity-diversity-and-inclusion-employee-spotlight-on-graeme-cooke-2/?noamp=mobile#respond Sat, 10 Dec 2022 00:37:00 +0000 https://torontoglobal.ca/?p=26217

Graeme Cooke is a Senior Advisor on Toronto Global’s Investment Attraction team, focusing on markets in the eastern United States, specifically the Midwest, Northeast, and Florida. Graeme started at Toronto Global in 2017. “I’m coming up on five years of being a member of the USA East Team, though two of those years were quite affected by the pandemic,” said Graeme. Graeme has supported companies from a broad spectrum of industries in their expansion to the Toronto Region, including HCL, Wayfair, Kistler, CRB and Quantiphi.

As a Senior Advisor, Graeme meets a wide variety of people through his work. “Interacting with people is such a major part of what we do,” said Graeme. “We meet so many interesting people doing interesting things. Whether they’re researchers from academic institutions or investors from ground-breaking companies, we have the opportunity to learn about what they’re doing. That’s what I like most, the range of people we get to meet.”

The most common question clients have for Graeme is what makes the Toronto Region stand out when compared to other global locations like New York or London. Although there is no language barrier when working with American clients, Graeme finds that determining the priorities of an organization is a skill in and of itself. “We have to speak in the client’s language to determine the information and connections that will be most useful to them, as often they don’t even know what they need to know when opening a new operation here,” said Graeme. 

It is Graeme’s responsibility to make companies looking to expand here aware of every detail, not only regarding what business is like, but the quality of life here as well. “They may have heard of Toronto, but the rest is up to us to ensure they’re aware of every benefit and opportunity for growing a business here.”

Graeme found ways to support his wellbeing while working through the pandemic, one of which was moving Downtown. “We bucked the trend a bit by moving even closer to the city, but the real benefit was a new apartment where my partner and I wouldn’t have to work across from each other at the same table sitting on barstools,” said Graeme. 

Graeme found that living in a new neighbourhood during the pandemic was a great chance to take walks outside and connect with the city. “Getting out into the community, and exploring the neighbourhood, whether just going for walks or supporting local businesses, helped us stay active and connected with the world outside our apartment.”

Equity, Diversity, Inclusion & Culture

Equity, Diversity, and Inclusion (EDI) means a lot to Graeme. “Whether at work, or in your day-to-day life, you never want to live in a bubble. Get out there and broaden your horizons. We live in the most diverse city in the world. This is an advantage that we should never take for granted,” said Graeme. 

Progress on equity and inclusion will not be solved naturally, but instead requires purposeful action and an effort to educate oneself on a personal and professional level. “It’s something that should be so obvious and simple that it’s valuable and worthwhile. You have to spend time and energy to make sure you’re meeting your goals and living the values you believe in, both individually and as an organization,” said Graeme.

“We promote diversity as an advantage of expanding to the Toronto Region. It’s one of the things that makes Toronto so special on the world stage, so it’s extra important for us to pay attention to it internally,” said Graeme.

A lack of diversity invites a host of different issues, one of which is an overall limited perspective. “As an organization, you’re doing yourself a disservice if you’re not paying attention to this,” said Graeme. Alongside Toronto Global’s EDI committee, Graeme is committed to keeping these values in mind in the workplace. 

In the work that he does, most of the people he interacts with are American. “Culturally, there’s no country in the world more similar to Canada. Still, it’s important for companies to know that there are important differences they should be aware of,” said Graeme.

Graeme finds the most important factor in bridging different communities is to listen and keep an open mind. “There’s never a default right position. People come from diverse backgrounds and experiences, and everyone has the right to express opinions and be heard. It’s beneficial to listen to all of these voices, not just the loudest ones,” said Graeme.

Outside of Toronto Global

Throughout the pandemic, Graeme found that spending time with family was very important to him. “Usually, the one time of year I get to spend a long period with my family back on Vancouver Island is around Christmas. But working remotely through a lot of the pandemic allowed me to spend a lot more time with family and friends in Victoria. It wasn’t all bad!”

Graeme moved to Toronto in 2013 after five years living in Montreal. Although Graeme enjoys returning to his hometown on the West coast, there are many celebrations that have made Toronto feel welcoming as his adopted home. “It was amazing to have Pride back in-person this year, it’s an event I always look forward to. Seeing people from all walks of life not just tolerate but celebrate the joy of diversity and freedom to live your authentic life, is such a great reminder of what makes this city special. Pride is Toronto at its best,” said Graeme. 

Celebrations are great, but Graeme feels it is the everyday special moments that have solidified his place in not only Toronto, but the whole Toronto Region. “There is a townhouse complex in Pickering where my partner’s Peruvian aunts and Sicilian grandparents live. We go there and get fed the best caponata, scaccia, alfajores, and ceviche you could ever imagine. It’s pretty hard to top that,” said Graeme.

After an evening in Pickering, Graeme and his fiancé return to their two frogs in their apartment downtown. Although they love their frogs – Webster and Phileas Frogg – they are looking forward to getting a dog soon.

What’s next?

Graeme looks forward to keeping an optimistic attitude toward work and life. “You’re in control of how you respond to things, so even when things get a little crazy it’s better to be positive,” said Graeme.

His favourite quotes are a tie between:
“Always look on the bright side of life,” – Monty Python and
“Choose to be optimistic, it feels better,” – Dalai Lama

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Toronto Region Drives AI https://torontoglobal.ca/media-center/toronto-region-drives-ai/?utm_source=rss&utm_medium=rss&utm_campaign=toronto-region-drives-ai https://torontoglobal.ca/media-center/toronto-region-drives-ai/?noamp=mobile#respond Mon, 24 Sep 2018 18:24:00 +0000 https://torontoglobal.ca/?p=25987

Earlier this summer, I represented Toronto Global at a roundtable of leaders from Detroit’s automotive sector, including Canada’s Minister of International Trade, the Canadian Consul General in Detroit, and the Director of Durham College’s AI Hub, to talk about what’s happening in Canada and the Toronto Region. It’s no longer news that we’re having a tech moment, fuelled in part by its world-beating depth and breadth of AI expertise. 

It’s also no secret that AI is having a transformational impact across an array of industries, especially manufacturing and the auto sector.

Joined by AI companies, automakers, OEMs and suppliers, the roundtable was an open forum to discuss AI in the automotive sector; how it is transforming manufacturing and transportation networks, the implications and opportunities of autonomous driving, and the leading role the Toronto Region is playing in this burgeoning field.


By now, our AI assets are well understood. We have the largest concentration of AI startups in the world. We are home to Geoffrey Hinton and the Vector Institute. Over the last five years, we created more tech jobs than San Francisco, New York and Seattle. Samsung, Etsy, LG, Adobe and NVIDIA have all recently set up AI labs here. We get it. The Toronto Region’s AI and tech scene are on fire. But why should a room full of auto executives in Detroit care?Toronto Region Drives AI

Simply, there is nowhere else in the world that has a thriving AI ecosystem intertwined with a major automotive manufacturing sector. It’s the combination of these two assets that can’t be ignored by auto companies. Here in Toronto, there is a natural fit between research and application, which is taking place all across the region. 

Take, for example, the Durham College AI Hub in Oshawa. The institute has a mandate for applied research and business solutions that is closing the gap between AI opportunity and commercial success. 

It aims to simplify the adoption of artificial intelligence techniques for the small and medium sized enterprises that make up the bulk of Ontario’s economy. The region certainly has no shortage of AI-focused startups, but it is through initiatives like the Durham AI hub that this local expertise in AI can be spread across all of industry.

Sharing a campus with Durham College is the University of Ontario Institute of Technology (UOIT), which is home to the GM Automotive Centre of Excellence (ACE). ACE has one of the largest and most sophisticated climatic wind tunnels on the planet. Wind speeds in the tunnel can reach 300 kilometres per hour with temperatures that range from -40 to +60°C. 

Using solar arrays and storm generators the facility can create any weather conditions imaginable, from sweltering jungle downpours to the paralyzing cold of an arctic storm. These chambers are helping to test AI-driven autonomous vehicles by experimenting on, for example, how well a driverless car can navigate in freezing rain or dense fog.

About Toronto Region Drives AI

The Toronto Region leads the world in the convergence of research into AI, autonomous driving, and the connected car, and automakers worldwide are taking notice. GM recently announced plans to open a 700-person technical centre in Markham to conduct R&D on autonomous cars. Uber just announced a major expansion of its Advanced Technologies Group. There’s a good chance the next big automotive breakthrough might just come from somewhere in the Toronto Region.

Cold Weather Testing, Wind Tunnel 2

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