Ontario's quality of life and economic health depends on the ability to both generate and take advantage of new ideas and new ways of doing things.
Innovation is risky.
It generates change to which people and society then have to adapt. But it also creates spin-off benefits on which our future prosperity will depend. Because innovation is an enabler for Ontario's future success and the key to accelerating economic development, the government is encouraging a culture of innovation. The importance of fostering an innovative culture is clear. Two out of every three new jobs in Ontario are created in knowledge and technology-based industries.