Canada's Ocean Supercluster

Posted : May 21, 2019

 

Have you heard about Canada’s Ocean Supercluster?

Canada is in the midst of a global innovation race, competing with countries around the world for the most talented people, the newest technologies, and the fastest-growing companies – the driving force behind the formation of business-led superclusters.

 

What’s a Supercluster?

‘Superclusters’ are designed to bind an industry; connecting related businesses both small and large, along with post-secondary institutions and research institutions- to more effectively work together to act as an engine of sustainable growth, establishing long-term competitive advantages.

 

How will it help?

To remain at the forefront of competition, industry-leaders whether start-ups, small and medium-sized enterprises or large corporations can become members of a supercluster to create a strong network of members that will attract and develop top talent while providing greater access to global markets – making it easier to work closely on the research, development and demonstrations activities that will lead to commercial opportunities and increased productivity.

 

Why Canada has established an ‘Oceans’ Supercluster

Canada has among the most abundant ocean resources and capabilities in the world, and according to the Organisation for Economic Co-operation and Development (OECD), the global ocean economy is projected to at least double in size within the next 12 years. The OSC is being formed to position Canada as a global leader in the knowledge-based ocean economy.

The federal government announced in November last year, a $153-million injection to the oceans supercluster, where that funding will be matched dollar-for-dollar by the private sector. The federal government estimates the supercluster will add 3,000 jobs and $14 billion to the Canadian economy over the next decade.

According to the Ocean Supercluster website, all Canadian companies are welcome to become a member and participate in activities.

What the Ocean Supercluster is looking to achieve

By improving the competitiveness of our ocean industries, the Ocean Supercluster is looking to ensure that Canada is positioned to lead and benefit from the growth of emerging ocean sectors like:

While established sectors like wild fishery, shipping, ship building, maritime defense, and offshore oil and gas will be transformed into digitally-driven, sustainable sources of new economic and social value.  


How Premiere Suites supports the need to attract and retain top talent

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